justatrader
Short

GBPUSD - Chart Patterns

FX:GBPUSD   British Pound / U.S. Dollar
Notes on chart detailing the various moves based on chart patterns. Expecting a rally to 1.545 - 1.55 and then a decline to 1.51 - 1.50 and eventually to 1.495 and 1.465 (if the H&S is validated and price breaks below 1.50 support (a strong level).

*This is an H4 compressed chart, so the timeframe for this tp play out will be days/weeks
That would be a very strange H&S. This is a very bullish chart, careful trying to short this.
I wouldn't.



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No_more_Post No_more_Post
this time no good to short GBPUSD
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