Get started
gorkemaydogan

GBPUSD Head and Shoulders Formation

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
gorkemaydogan  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Head and Shoulders Moving Averages GBPUSD LONG dailychart gbpusdlong
3
0
trendanalysis headandshoulders movingaverage gbpusd long dailychart gbpusdlong
The Cable is looking strong to form a head and shoulders formation.

We have to be careful about stop loss order. In my opinion higher than MA 20 will be bullish for the Cable. So i set my stop loss order regarding to it.

If you enjoy my graphs, like and comment. Your feedback will always be appreciated. Thanks!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.