Head and Shoulders
I am not well versed in divergence, yet. Price is at heavy resistance zone. Others indicate potential diversion which would tie into a head and shoulders pattern.
Of interest is the area below breakout where little support exists until about 0.8060
Great risk to reward potential. I'll short into any recent divergences according to price action and trade setup up, but watch for a continuance into a head and shoulder breakout.
I am not well versed in divergence, yet. Price is at heavy resistance zone. Others indicate potential diversion which would tie into a head and shoulders pattern.
Of interest is the area below breakout where little support exists until about 0.8060
Great risk to reward potential. I'll short into any recent divergences according to price action and trade setup up, but watch for a continuance into a head and shoulder breakout.
Note
premarket gbpusd = 1.20
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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.