British Pound Sterling Setup Long

The Pound looks like it could move higher off the current Super Pivot Stack support. 

What makes this convincing is it appears to be a key reversal off the Hammer candle with the rally through all pivots, particularly the Monthly Pivot.

Go long, only on strength, if the price breaks out at 1.28020 and place a stop loss at 1.26140 and a profit target at 1.31610

Yorum:

I can now trail the stop loss to underneath the 6 Day Rolling Pivot Range low (green/yellow circles)

Yorum:

Further trailing the stop loss up to underneath the 6 Day RPR. Price is nearing profit target.

İşlem kapandı: hedefe ulaştı