BULLISH PENNANT FORMING ON GBPUSD - LONG

Zaktualizowano
Bullish pennant forming on GBPUSD. Strong resistance at 1.277, look for entries at around 1.278 and then set a trailing stop to break even. Initial SL @ 1.27400. If it breaks the resistance and holds, it should function as a strong support. TP could easily reach 1.28138 and above. Candle needs to close above the upper trendline for this setup to be valid.

Happy Trading.
Uwaga
snapshot

Structure still forming and still valid
Uwaga
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Might be able to go on a stop hunt above 1.28 ;)
Uwaga
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Hopefully this closes above the trendline
Zlecenie aktywne
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SL @ 1.27200

TP 1.28+
Uwaga
Up and away we go!
Transakcja zamknięta: osiągnięto wyznaczony cel
Uwaga
TP of 1.27801 was hit.
Bullish PennantGBPUSD

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