Textbook Retest
Updated
Sterling retested broken downtrend line one more time and bounced back telling us bulls are in control of the market.
Let's see if we can hit the top of the ascending channel.
TP around 1.4
SL around 1.345
Let's see if we can hit the top of the ascending channel.
TP around 1.4
SL around 1.345
Note
On 1H chart, retest even more obvious + bounce from 100 SMA :) Good Luck!
Note
50MA on 1H chart looks well respected here. We will be looking for break above and retest to buy more.
Note
Waiting for break above Daily R1, once seen we will wait for retest and add one more buy :)
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