SighTTrader
Long

Long GBPUSD H&S TP hit, Reversal expected

FX:GBPUSD   British Pound/U.S. Dollar
336 2 8
GBPUSD             broke out of a channel on a head and shoulders pattern and it appears that, Head and shoulders pattern has been completed as measured move has been hit. Will be looking to Long on a confirmed reversal.
epsion22
3 months ago
Thanks for the excellent chart, a bit new to this so which of the price point is the confirmed reversal? (is 1.305 the estimate buy point if it fails to breach below?) Thanks
Reply
SighTTrader epsion22
3 months ago
a confirmed reversal is usually based on reversal patterns, in this case based on candle patterns the confirmed reversal was a break and hold above 1.30886.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out