Cup and handle setup
Updated
Simple cup and handle trading setup. Three days in a row almost same closing price. Good possibilities for GBP to move north.
Trade active
The trade seems to be working. First target is 1.35490 which is a resistance level.
Second target is 1.36380 which is the next resistance level.
Note
Good opportunity to close part of the position and leave the rest of it risk free.Note
Good year to all. Price is reaching second target level. Be aware to close the trade.
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