GBPUSD - Head & Shoulders formation
Inversion pattern on strong resistance
H&S completed and neckline broken
Short opportunity on retest of the neckline
Confirmation on 4H chart, descending lows on RSI
TP on range Right Shoulder - Neckline
SL above neckline
H&S completed and neckline broken
Short opportunity on retest of the neckline
Confirmation on 4H chart, descending lows on RSI
TP on range Right Shoulder - Neckline
SL above neckline
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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.