this is a very clear and perfect double TOP... the neckline is clearly broken which confirms that the trade will go SHORT ... even on the 4HR chart it shows neckline completely broken ... risk reward is 1:1 and usually it would be 3:1 but this is a confirmed pattern very simple and obvious ... put position on this and get in at the best point . make some $$$ .......
this is a very clear and perfect double bottom... the neckline is clearly broken which confirms that the trade will go long ... even on the 4HR chart it shows neckline completely broken ... risk reward is 1:1 and usually it would be 3:1 but this is a confirmed pattern very simple and obvious ... put position on this and get in at the best point . make some $$$...
GBP/USD seems it has exhausted itself on this uptrend and i see that now it may be forming a bearish heads and shoulder pattern .... let me know your thoughts :)
