$GBPUSD - Inverted Head and Shoulders spotted
Hi guys!
GBP is about to reverse and probably continue to advance higher, I'd highly recommend to wait until the close above the October's high and go long.
The pair might also drop before the further uptrend, though this is less likely and the reason is the huge lower wick, which signals the power of buyers.
I'd recommend going long above 1.30140, or from the current level to 1.30094 which might be riskier.
GBP is about to reverse and probably continue to advance higher, I'd highly recommend to wait until the close above the October's high and go long.
The pair might also drop before the further uptrend, though this is less likely and the reason is the huge lower wick, which signals the power of buyers.
I'd recommend going long above 1.30140, or from the current level to 1.30094 which might be riskier.
Comment:
right shoulder is about to complete
Comment:
Right shoulder completed
Trade closed: target reached:
Trade closed: target reached:
TP2
