GBPUSD - SHORT H&S

H&S offering new opportunity for trader that late trade before. The SL and TPs explained as in the chart

Comment to let me know your thought.

Thanks

Note

Finally a strong rejection spotted at the resistance.

The price is forming a double top at the resistance that give us a new opportunity to add position and will goes down to previous support or even our target.

Trade closed: target reached

TP1 Hit. Move the SL to Breakeven

Note

watching this point, will be taking profit at 1.2970 - 1.2930 if there's a reversal signal

Trade closed manually

Hit the resistance and showing a reversal signal.

A new chance appeare! A Cypher pattern.

IgnAryaBawanta

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IgnAryaBawanta