GBPUSD (short)
Trade Analysis
Reason For Entry:
- 4H head & Shoulder pattern
- Break of 1H ascending trend line
- 1H lower highs being printed
- 61.8 fib retarcement on 15M
- Bounce off 1H resistance
Reason For Stop-loss:
-Very tight SL above previous high
Reason For Target:
- 4H lows
Reason For Entry:
- 4H head & Shoulder pattern
- Break of 1H ascending trend line
- 1H lower highs being printed
- 61.8 fib retarcement on 15M
- Bounce off 1H resistance
Reason For Stop-loss:
-Very tight SL above previous high
Reason For Target:
- 4H lows
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