Falling Triangle Breakout - Buying the pullback
Yesterday price broke above a falling triangle. It seems that it struggles to move higher for the moment and it's about to correct lower from resistance zone. I'm buying when price reaches the first support zone.
Yorum:
Trade idea invalidated. Lower than expected UK services PMI drove the pair higher. Bias is bullish. Pound will be on the weak side waiting for Article 50 to be triggered. I will wait for a correction to enter long.