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stefanofolle

GBPUSD - Head & Shoulders formation

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
stefanofolle  
FX:GBPUSD   British Pound / U.S. Dollar
Head and Shoulders Candlestick Analysis Oscillators GBPUSD inversion necklinebreak shortsetup
2
0
headandshoulders candlestick oscillator gbpusd inversion necklinebreak shortsetup
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
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