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Reitak
Jul 3, 2020 6:20 PM

gbpusd Short

British Pound/U.S. DollarFXCM

Description

possible inverted head and shoulder on 4h with way down now and wedge on 15m tf with way down too.
today us holiday, so market can be fake, so better view will be monday
Comments
Wakanda-FX
Price rejecting towards downside on 4hr, 1hr tf. Coming up to close above minor resistance @ 1.24730. Could retest that level again before going towards the upside to create HH+HL. Thoughts?
CipherFxAnalysis
Actually it is not making the right shoulder :(
Reitak
@mahdionforex, its 4h tf, it can take whole week
CipherFxAnalysis
@Reitak, bro, check out the rsi and MACD they show that it is rising
CipherFxAnalysis
@Reitak, Did you see? It didn't make the right shoulder...
reubenroyal
Nice! I have a similar view on this pair as well

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