A bullish trade opportunity recently presented itself on the pound-dollar currency pair trading chart 📈.
This is indicated by the bullish harami candlestick pattern just above the 1.23179 horizontal support level.
This shows a rejection of the same support level, with potential price move in the upward ⬆️ direction.
Sufficient upward momentum should see price rallying towards the 1.30000 psychological level and possibly testing the strength of the 1.31420 horizontal resistance level.
As always, please apply appropriate risk management.
Happy trading!
This is indicated by the bullish harami candlestick pattern just above the 1.23179 horizontal support level.
This shows a rejection of the same support level, with potential price move in the upward ⬆️ direction.
Sufficient upward momentum should see price rallying towards the 1.30000 psychological level and possibly testing the strength of the 1.31420 horizontal resistance level.
As always, please apply appropriate risk management.
Happy trading!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.