4xbullion

LONG GBPUSD @ 1.6077

Long
FX:GBPUSD   British Pound / U.S. Dollar
0
In a classic inverted head and shoulder we should have point B higher than point A and we can trade the break of neckline. However, I like to jump the gun with high probability trades. So looking for a long at CMP ie. 1.6077 for targets at 1.6490

Trade Type: Inverted Head & Shoulder
Price: 1.6077
Tgt: 1.6490
Stop: 1.5869 (below previous lows)
R/R Ratio : 2

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