Head & Shoulders Bearish Opportunity on GBPUSD (1Hr)
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.
Let me know your thoughts.
RSI overbought
0.87 Risk to reward ratio in order to target previous support level. RR can be slightly improved with more aggressive entry.
Let me know your thoughts.
Trade closed: target reached
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.