I have been absent for along time due to sickness. I am happy to be better and back.
I am resuming my trade series
Today morning I sold GBPUSD at the retest of the neckline for a head and shoulder top formation. The formation comes in the context of along tern downtrend, and medium term sideways action among 1.28 and 1.25 areas. Lets see how it unfolds.
Sold GBPUSD at 1.2662 TP1 1.2574 TP2 1.2511 S.L 1.2711 Average Risk/Reward : 2.4 Risk of capital for trade : 1.5%