I am still bearish on the Pound. Even if this will rebound off the brexit news, it should come down for another retest before the big bounce up. Will monitor 1.3462 area for reasons to go short. RSI oversold bought is a must on the m15 timeframe.
Place your sell limit at 1.32247 The stop will go 10 pip above X at 1.32689 Take profit : Target 1 - 38.20% 1.31768 Target 2 - 61.80% 1.31473
Place your buy limit at 102.356 The stop will go 10 pip below X at 102.072 Take profit : Target 1 - 38.20% 102.610 Target 2 - 61.80% 102.766
A Bat pattern formation on 30 minutes chart! i'm already long from 1.12428 hope you wil appreciate it
I THINK WE CAN GO LONG AFTER CLOSING ABOVE (B) AND WAITE FOR PRICE ACTION ON (D) TO GO SHORT.
Nice butterfly pattern to be completed and go Long target 38.2, 50 & 61.8 FE%