RaynLim

GBPUSD - Head and Shoulders

Long
FX:GBPUSD   British Pound / U.S. Dollar
If you had followed my Weekly Market Analysis closely, you would be aware that last week I've said that the market is going to retrace from the high to 1.2475 and for those who had entered the counter-trend trade of the ABCD Pattern at the HOP level, 1.2186 not to panic. What you can do is shift stops to entry and observe if the level at 1.2475 holds on the daily chart.

When the market opened, you can wait for the Bullish Deep Gartley Pattern for an entry opportunity to ride on the wave.

Check out the link at the bottom.

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