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British Pound / U.S. Dollar
Short

GBP/USD PULLBACK NEARTERM

By CCKC
Updated
GBP/USD PULLBACK NEARTERM. COUNTERTREND SO SMALLER LOTS. HIT MEDIUM RESISTANCE AND FORMED A BEARISH HEAD AND SHOULDERS.
ENTERING AT TIP OF RIGHT SHOULDER WITH 2ND ENTRY ON BREAK OF COUNTERTRENDLINE.
Note
Holiday trading on light volume is taking this higher.
Note
MOVE STOP TO BREAKEVEN+
Note
Forming smaller bearish head and shoulders at right shoulder of larger bearish head and shoulders
Chart PatternscountertrendcountertrendlineGBPUSDTechnical IndicatorsshortTrend AnalysisUSD
CCKC
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