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short-term breakdown of ascending channel, strong support @10.43
BRITISH POUND / HONG KONG DOLLAR
short-term breakdown of ascending channel, strong support @10.43
By sqr00t
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Updated
Apr 26, 2021
0
Apr 26, 2021
Trying to identify a small Elliot Wave pattern within the ascending channel.
Apr 26, 2021
Note
Should have strong resistance @11.3, but may easily flip to see 11.5 by mid-June in time for lockdown exit plans.
Can accumulate and go long on confirmation around late-July.
Elliott Wave
Support and Resistance
sqr00t
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