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Erady_Pascal

POTENTIAL BEARISH MOVE FOR GBPUSD

Short
British Pound / U.S. Dollar (FOREXCOM:GBPUSD)  
Erady_Pascal  
FOREXCOM:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns GBPUSD gbpusdshort gbpusdanalysis gbpusdforecast
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trendanalysis chartpattern gbpusd gbpusdshort gbpusdanalysis gbpusdforecast
Hey traders, after the price hit the daily resistance, we can now see the formation of the head and shoulder pattern which is a classic reversal pattern. And now what then..? Yes we are looking for a shorting entry after the price retests on the neckline.

What's your opinion on this setup?
Nice trading...
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