After reaching the level I expected on my previous analyze :
Reversal pattern is on going,I expect a small pull back before trigger the LONG position, to get a better entry level and a better R:R over all.
Please, feel free to share your comments.
Cheers,
MT
BUY LIMIT at 1.86039
STOP : 1.84692
Pound seems to be ready for a bullish rallye, since price has landed on a key level area, showing us a confluence with major support, 0.5 fibo retracement and RSI divergence. Reversal pattern is on going,I expect a small pull back before trigger the LONG position, to get a better entry level and a better R:R over all.
Please, feel free to share your comments.
Cheers,
MT
BUY LIMIT at 1.86039
STOP : 1.84692