In this video we'll review the trendline break that the GBP-USD made on Friday. Price broke through the trendline, consolidated, then formed a pennant pattern. Entering the trade off of the break from pennant would have yielded 80+ pips.
Correct. What your suggesting at 3:45 is pullback from trend line break, support turning into resistance. Kiss the back of trend line and going south.
Correct. What your suggesting at 3:45 is pullback from trend line break, support turning into resistance. Kiss the back of trend line and going south.
GoodBoyFx 8 months ago