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azizelliott
Jul 9, 2021 8:09 AM

$GBPUSD - Ending diagonal and Head and Shoulders Short

GBP/USDOANDA

Description

Hi guys! 👋🏻

🔔 GBPUSD is about to complete the Ending diagonal pattern to end this correction move.

🔔 There is a Head and Shoulders pattern which is clearly traced on this 4H chart, so keep an eye on that too.

🔔 There are no clear signs of a strong bullish reversal for Pound, although as seen on a larger time frame, it's most likely that GBPUSD will continue the correction further.


✊🏻 Good luck with your trades! ✊🏻
If you like the idea hit the 👍🏻 button, follow me for more ideas.

Trade closed: target reached

Comments
Mihai_Iacob
Nice and clear
azizelliott
@OptimoomFX, thanks!
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