GBP/USD there is a Bearish Quasimodo pattern formed and I feel like there will be another short oppurtunity if it breaks through the resistance goes back to the support and then goes to the trendline below before it makes its final attempt to break out of this zone.
One can take profit at the initial demand zone or wait for the demand zone below the trendline where a lot of traders could get trapped.
levels are marked on the chart
One can take profit at the initial demand zone or wait for the demand zone below the trendline where a lot of traders could get trapped.
levels are marked on the chart