Reason: Head and Shoulders was formed above strong horizontal support and Ichi Cloud. Price broken all this zones. Currently the price is approaching to next strong support zone, in case this zone is broken, we will get another opportunity for short.
Consider initiate position on candle closes below the Support zone.
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
Similar to our Head and Shoulders perspective called on January 16. At the moment we can see a short term pull back to the 4H MA50, but the long term remains bearish:
gbpusd h3 best level to buy/sell for 160/200 points (UPDATED).