726 GBPUSD SOARING EAGLE
GOOD MORNING FROM CALIFORNIA,
CURRENTLY THE POUND IS IN A STATE OF CONSOLIDATION AFTER A MASSIVE RALLY. SUPPORT HAS BEEN ESTABLISHED AT THE 0.382 RATIO AND AN EAGLE PATTERN HAS BEEN FORMED.
A 3:1 RISK REWARD PROFILE IS ENOUGH TO TAKE TAKE THIS TRADE GIVEN THE SUPPORT AND THE BULLISH TREND.
THIS TRADE HAS A RISK OF 59 FOR A REWARD OF 179.
CURRENTLY THE POUND IS IN A STATE OF CONSOLIDATION AFTER A MASSIVE RALLY. SUPPORT HAS BEEN ESTABLISHED AT THE 0.382 RATIO AND AN EAGLE PATTERN HAS BEEN FORMED.
A 3:1 RISK REWARD PROFILE IS ENOUGH TO TAKE TAKE THIS TRADE GIVEN THE SUPPORT AND THE BULLISH TREND.
THIS TRADE HAS A RISK OF 59 FOR A REWARD OF 179.
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