The Diagonal Triangle Wave Continues To Develop

22.01.2021

The British pound is moving upward by inertia to finally complete the diagonal triangle. The upper generatrix goal is still unattainable for the third and final time. Perhaps today buyers will succeed in doing this.

At the same time, it should be noted that the power reserve remains insignificant, therefore, it is recommended to refuse to open buy deals. It is better to wait for the reversal and only after that look for opportunities to open sell deals.

Investment idea: flat.