One of the most popular figures in technical analysis is formed on H1 in GBPUSD.
To complete the model, the price must reach 1.3542.
To further confirm the reversal, it is good for the price to close below the previous bottom.
This can give an additional boost to the price and the opportunity to enter from a larger number of participants.
The figure fail when the highest level is broken from the right shoulder!
If you have questions about how to trade this or another situation, contact us!
To support us, like and comment!
To complete the model, the price must reach 1.3542.
To further confirm the reversal, it is good for the price to close below the previous bottom.
This can give an additional boost to the price and the opportunity to enter from a larger number of participants.
The figure fail when the highest level is broken from the right shoulder!
If you have questions about how to trade this or another situation, contact us!
To support us, like and comment!
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❓ If you got questions: t.me/Semkov
💰 PAID SIGNALS AND ANALYSIS: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
