GBPUSD - SHORT H&S

Jul 13, 2018

H&S offering new opportunity for trader that late trade before. The SL and TPs explained as in the chart

Comment to let me know your thought.

Thanks

Jul 17, 2018

Note

Finally a strong rejection spotted at the resistance.

The price is forming a double top at the resistance that give us a new opportunity to add position and will goes down to previous support or even our target.

Jul 18, 2018

Trade closed: target reached

TP1 Hit. Move the SL to Breakeven

Jul 19, 2018

Note

watching this point, will be taking profit at 1.2970 - 1.2930 if there's a reversal signal

Jul 19, 2018

Trade closed manually

Hit the resistance and showing a reversal signal.

A new chance appeare! A Cypher pattern.