Falling Wedge on the Sterling / Ruble Pair
The Sterling has begun to strengthen and the ruble appears to be a reasonable pairing to illustrate the pound's strength.
The RSI has broken out; and the AO is turning up.
On a break of the falling wedge a long position will be entered, with stops under the support at 75.
TP 1: 92
TP 2: 97
TP 3: 103
Happy Trading!
The RSI has broken out; and the AO is turning up.
On a break of the falling wedge a long position will be entered, with stops under the support at 75.
TP 1: 92
TP 2: 97
TP 3: 103
Happy Trading!
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