GBP/USD: Buy Set-up [Missed the train]
I was very busy today to spot out this favourite pattern of mine, which hits my potential target.
But for educational purposes let's see what has happened here;
Following yesterday's sell(Hit TP), we can see that a falling wedge has formed and broke-out to the upside.
This is followed by a re-test at a support level, rejected and heads to the last resistance level. Perfect set-up!
But for educational purposes let's see what has happened here;
Following yesterday's sell(Hit TP), we can see that a falling wedge has formed and broke-out to the upside.
This is followed by a re-test at a support level, rejected and heads to the last resistance level. Perfect set-up!
Trade closed: target reached
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