GBPUSD W1: IHS BULLS / 1 000 pips correction SOON (UPDATED)

GBPUSD W1: IHS BULLS / 1 000 pips correction SOON (UPDATED)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT because I expect 1 000 pips
correction soon once we hit the neckline.

This is update/recap of the setup posted on 18th August 2020.
click play to recap. if you followed. you made money. congrats.
GBPUSD W1: IHS BULLS / 1 000 pips correction SOON (UPDATED)

🔸 Summary and potential trade setup
::: GBPUSD 1week/candle chart review
::: maxed out / rejected at neckline
::: 900 pips downside remains
::: short sell any rips/rallies
::: Dollar losses overextended now
::: Inverted H&S setup
::: 3350 neckline of IHS setups
::: reversal possible next few weeks
::: SHORT IT from neckline TP RS
::: strong upside next few months
::: TP BEARS is 21060 SL 100 pips
::: Recommended strategy: SHORT IT
::: SWING trade setup / no fast results here
::: big moves in FX next few months
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BULLS
::: Sentiment outlook mid-term: BEARS/REVERSAL