GBPUSD - Inverted H&S
Inverted H&S pattern Setup
What I find interesting is that the trigger / neckline is at the Monthly pivot.
Trend is still down, and this trade is against it - Size it accordingly -
Entry: 1.5748 (Neckline / Monthly pivot)
Stop: below 1.5685 (100sma 1H)
Target: 1.5965 (Pattern target)
What I find interesting is that the trigger / neckline is at the Monthly pivot.
Trend is still down, and this trade is against it - Size it accordingly -
Entry: 1.5748 (Neckline / Monthly pivot)
Stop: below 1.5685 (100sma 1H)
Target: 1.5965 (Pattern target)
Trading success is not going to be entering winning trades, but how you exit your losing trades.
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.
Trading success is not going to be entering winning trades, but how you exit your losing trades.
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.