British Pound / U.S. Dollar
Long
Updated

trying to catch a pullback on pound dollar

979
snapshot

hey traders,

after a massive selloff from 1.32 level,
we see that the market finally reached a decent level of structure.
snapshot

as the market approached this level, we see two rejections and formation of a double bottom pattern.
The local support line was just violated,
so now we are free to buy the market.

target is based on structure.

stop below tops/

good luck!
Note
Still standing on support
Note
The market is standing on the low
Trade closed: stop reached

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.