British Pound / U.S. Dollar

Long

Updated

trying to catch a pullback on pound dollar

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

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