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GBPUSD Bearish Scenario with Head and Shoulders M/W Pattern
British Pound / U.S. Dollar
Short
GBPUSD Bearish Scenario with Head and Shoulders M/W Pattern
By ZacharyHogan
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Updated
Jun 12, 2018
3
Jun 12, 2018
There is a high probability we have created the high of 2018
BTCUSD is Bearish Sentiment right now
ETH is also found around 425
USD FOMC Meetings on Wednesday with a Supercharged New Moon = 2% Interest Rate decision thank you Federal Reserve
Thank you traders
Thank you buyers and sellers
Thank you market participants
Let's Learn
Keep Trading
Value defines Supply and SUPPORT (Demand) at particular price points regardless of asset class
Historically over 100 years of Data... commodities have grown in market capitalization
GBP and DXY situation to be reanalyzed if price moves another 400 pips down from where we are at 1.335 right now
Two Trade Ideas
Pending R:R of 5.2 with a 175 pip stop loss and a secondary swing entry!
Jun 12, 2018
Note
Trading and Investing involves risk capital if you are using REAL money in the markets. Please practice because trading takes time to learn :)
My personal beliefs are occasionally gonna vary from yours so remember.
DO YOUR RESEARCH
Verify any information shared in my charts
Thank you
#MindsetMatters #MM ~ A Market Mover
Beyond Technical Analysis
Chart Patterns
cryptotrader
drawings
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