GBPUSD - price holds on to the trendline and bounces everytime its near there. For now the direction is up, although overall trend remains bearish. A break above 1.2850 will target up to 1.3450.
Watchout for the ascending triangle. above 1.2850 will bring in more bulls to the game but break of the trendline will target 1.19.
Watchout for the ascending triangle. above 1.2850 will bring in more bulls to the game but break of the trendline will target 1.19.
Comment:
you can see here how well the trade idea was organized and how powerful longer time frame patterns can be. this is up close to 300 pips now most of it locked as profits