Dragon "May" Fly

By Berkovic1903
Updated
After May's announcemennt about early election there is a demand of GBP across all the currencies

Weekly

It is about to bounce back from the lower end

onhttps://www.tradingview.com/chart/0QXvbfp3/

Weekly

It is about to enter the Ichi Moku cloud which can be considered as from negative to neutral territory

https://www.tradingview.com/chart/0QXvbfp3/

Daily

It is about to break a falling wedge

https://www.tradingview.com/chart/0QXvbfp3/

To summerise

I prefer to go long above 138.64 with targets

139.20

141

and 142.50

Stop oss will be triggered below 136
Comment
139.20 was hit

Trailing stop can be updated to berak even
Comment
141 was hit

Very close to 142.50

Disclaimer