Pullback Trading Before Continuing Bull Run Next Month
The GBP is nowhere near done with its bull rally.
I hope all of you were trading in favor of the GBP all this month.
I gave a heads up to some family before September 1st and I hope they enjoyed the month-long ride.
We have a morning star formation almost completely formed on the monthly.
Looking for it to finish the bull candle before October starts. Then onward and upward.
For now, let's see where this trade is going for the week.
It may run bearish briefly as a giant pullback before continuing its upward climb.
We'll find out soon enough:
BEAR TPS: after a pullback to weekly SR level:
BULL TPS:
I hope all of you were trading in favor of the GBP all this month.
I gave a heads up to some family before September 1st and I hope they enjoyed the month-long ride.
We have a morning star formation almost completely formed on the monthly.
Looking for it to finish the bull candle before October starts. Then onward and upward.
For now, let's see where this trade is going for the week.
It may run bearish briefly as a giant pullback before continuing its upward climb.
We'll find out soon enough:
BEAR TPS: after a pullback to weekly SR level:
- 1.65516
- 1.64995
- 1.64280
BULL TPS:
- 1.66012
- 1.66331
- 1.66874
- 1.67666
- 1.68932