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Looks Like I Missed Out on the British Pound
I closed out Currency Shares British Pound (FXB) on July 23rd when it was at an inflection point. It was either about to make a double top OR a double top breakout. (I am ignoring the weird spike on the 22nd.)
When stocks/etfs break out over a double top they are generally good options to purchase, as we can see clearly was the case last week when FXB broke over the "double top" area of $154. I missed the signal to get back into this one. (Click to enlarge)
So much for the cheap European vacations.
Disclosure: No position
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