- Up move looks too powerful to fight.
- Give up on short @ 1.6133. Was always a low conviction trade to begin with. Should not have done it, really.
- Upside triangle breakout on monthly chart. Go long? Maybe on pullback towards 1.6141 = triangle boundary, subject to overall Risk On considerations.
3 comments:
Turned long GBP/USD @ 1.6166
Hi taichiseal,
what's your rationale for going Long if your charts are indicating that this area is a sell?
BH
"Upside triangle breakout on monthly chart"?
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