GBPUSD - Bullish Trend
GBPUSD is in a bullish trend. It confirmed the breakout of the neckline. The chart pattern shows it's an Inverse Head and Shoulder.
Entry point is instant buy, because we miss Neckline breakout point.
SL is last HL (Shoulder)
TP is SL range
Projection is also can be considered as TP2
Entry point is instant buy, because we miss Neckline breakout point.
SL is last HL (Shoulder)
TP is SL range
Projection is also can be considered as TP2
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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.