Long GBPUSD - potential inverse Shoulder-Head-Shoulder Formation
- neckline of potential SHS-Formation and resistance line at about the same level (1.5105-1.5115)
- a move about it, would be for me a stop buy at 1.5120
- that move should happen ideally shortly after positive data on UK Trade Balance and UK Manufacturing Production m/m, which are both at UTC 09:30
- if EVERYTHING is in place, then:
Open Long at 1.5120, Risk-Reward = 2.33
SL@ 1.5090 (-30), TP@ 1.5190 (+70)
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