Good chance to sell from current position. Or to buy from the target point in uptrend.
Earlier we observed the triangle pattern and its breakthrough. Movement after a breakthrough is at least equal to the height of the triangle. Now the price has reached the level of historical resistance, and the previous test at 1.3650, which was in February 2009, in 2016 and in September 2017. The most likely scenario is a pullback to the bottom of the trend line with the subsequent retest of the resistance level and the price movement to the level before brexit.
sell from current position to the target 1.3550
buy at 1.3550 to the target 1.3700
more simple it looks - more reliable it is
Earlier we observed the triangle pattern and its breakthrough. Movement after a breakthrough is at least equal to the height of the triangle. Now the price has reached the level of historical resistance, and the previous test at 1.3650, which was in February 2009, in 2016 and in September 2017. The most likely scenario is a pullback to the bottom of the trend line with the subsequent retest of the resistance level and the price movement to the level before brexit.
sell from current position to the target 1.3550
buy at 1.3550 to the target 1.3700
more simple it looks - more reliable it is