Get started
GBP/SGD
Long

GBPSGD Inverse Head & Shoulders

By hyweljones
Updated
Very nice Inverse Head & Shoulders, on the GBPSGD daily chart, Should take a few days to retrace a little before it attacks the breakout line again but well worth keeping an eye out for this as there are a lot of pips up for grabs!
Note
btw The EW numbering could have an alternative which would see the '5' (on the chart) as the wave 3, so that the move up would be the wave 4 pullback. Either way though it doesn't effect the target much as the wave 4 could easily hit the red box.
hyweljones

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.