LewisGlasgow
Short

GBP/USD - Head and Shoulders

FX:GBPUSD   British Pound/U.S. Dollar
Today we have GBP/USD             on a 4h chart forming a head and shoulders pattern, this is similar to one of my previous posts but the pattern is flipped.

As you can see price has previously broken the neckline, now approaching the same area ready to make a move to the downside. We will definitely be looking to short this pair.

If you see any other setups forming on the charts please feel free to leave them below!
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trade open ?
+1 Reply
LewisGlasgow TOP king.cholette
I'll be entering once we get a close below the neckline.
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king.cholette LewisGlasgow
good :)
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Yap, these are TRUE H&S. Noice...
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