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talalzebian

Head & Shoulders Bearish Opportunity on GBPUSD (1Hr)

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
talalzebian Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Head and Shoulders Technical Indicators
1
0
trendanalysis headandshoulders indicator
Head & Shoulders pattern forming at a strong resistance area indicating a potential reversal of the Bullish trend for the Cable.
RSI overbought

0.87 Risk to reward ratio in order to target previous support level. RR can be slightly improved with more aggressive entry.


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Trade closed: target reached
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