LONG CABLE TREND RESUME
GBPUSD:
Cable is showing signs of recovery and we are accepting the offer of a nice pips upside.
The pair fell out of the ascending trendline, but the trend is still intact and strong.
We have a mini structure at 1.5444 which was broken today, but the pair have stalled at the significant point 1.5353.
Here (1.5380) we are going long with a stop placed below the low 1.5350
Note: The trend is what we are trading here, after a huge selloff like this it is worth the risk to follow the price from this sort of significant level.
First target = 1.5811 before further advance.
Cable is showing signs of recovery and we are accepting the offer of a nice pips upside.
The pair fell out of the ascending trendline, but the trend is still intact and strong.
We have a mini structure at 1.5444 which was broken today, but the pair have stalled at the significant point 1.5353.
Here (1.5380) we are going long with a stop placed below the low 1.5350
Note: The trend is what we are trading here, after a huge selloff like this it is worth the risk to follow the price from this sort of significant level.
First target = 1.5811 before further advance.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.