As described in previos analysis, pair broke bullish falling wedge pattern and moved up. Now we got clear bounce of support zone. After triangle breaks at 1.1070, price will most likely move to 1.1140 and thus earning us another 70 pips.
If price fails to break triangle to the upside, we will scrap this scenario. Always be patient and wait until price choose a direction.
www.bull-capital.com
If price fails to break triangle to the upside, we will scrap this scenario. Always be patient and wait until price choose a direction.
www.bull-capital.com
Order cancelled:
We are scraping it because price broke triangle down.