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HayatoDragonFX

GBPUSD, 2hr tf, sell SHS pattern breakout

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
HayatoDragonFX  
FX:GBPUSD   British Pound / U.S. Dollar
Head and Shoulders Support and Resistance Trend Lines GBPUSD gbpusdsetup gbpusdsell gbpusdshort priceaction priceactiontrading
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headandshoulders supportandresistance trendline gbpusd gbpusdsetup gbpusdsell gbpusdshort priceaction priceactiontrading
Hello my friends,

First of all i wanna say happy thanksgiving for you all.
I hope you all have a good thanksgiving holiday.

Today i am gonna trade lightly on GBPUSD.
I found a SHS pattern on 2hr timeframe and price already broken below the neckline.
This upwards movemet is merely retest of broken ascending trendline.
As long as price hold below 1.3390 then this SHS pattern is still intact.

Sell GBPUSD 1.3350
Stop loss 1.3390
Take profit 1.3250 (2.5R)

RR ratio 1 : 2.5
Use only 1-2% risk
Good luck

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