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Cybertron

Head & Shoulder pattern in GBPUSD

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
Cybertron Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Harmonic Patterns GBPUSD
2
0
trendanalysis harmonicpatterns gbpusd
Buy
Entry : 1.2855
Stop : 1.2820
TP1 : 1.294
TP2 : 1.305

Reasons:
1. Head & Shoulder
2. Bullish trend-line
3. The shoulder section is very close to the head and this is an ideal trade with a low stop loss
Trade active:
Trade closed: stop reached:
Stop reached and now wait for pullback.

snapshot
Comment:
Profit = -35 pips
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