GBPUSD: Head and shoulder forms!
Hello Traders;
Here's my analysis on what I hope to see playout on this chart next week;
We see price marked up in a channel trending upward.
Price got to the peak of the channel(resistance) and we got a bearish call, we should expect more bears till 1.39778. If we see a break below 1.39552, we keep going short (the head and shoulder pattern) & (triple top pattern).
If you find this helpful, help support with a like and subscribe to keep getting updates from me.
Here's my analysis on what I hope to see playout on this chart next week;
We see price marked up in a channel trending upward.
Price got to the peak of the channel(resistance) and we got a bearish call, we should expect more bears till 1.39778. If we see a break below 1.39552, we keep going short (the head and shoulder pattern) & (triple top pattern).
If you find this helpful, help support with a like and subscribe to keep getting updates from me.
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Related publications
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.