Evaristos

Potential Bullish H & S

Long
FX:GBPUSD   British Pound / U.S. Dollar
Price has been on the decline for a while, and currently we can observe it forming a potential bullish Head and Shoulder, finalizing on the left shoulder. No body is certain about the next move but we try to align confluence for a good and clear probability. We wait for it to test well the support/Demand zone along the slanting trendline. Provided we find a good PA with respective good RRR, we'll execute. This isn't an investment advice.

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