GBPUSD
Updated
Currently on the daily chart we can already see a clear h & s formation showing, as well as another h & S forming on the 4h time frame. this indicates to me there is a chance its trying for momentum upwards. I can see rejection already at the neckline of the 4h h & s and will enter this trade once there is a breakout of my support box or if a retest of the same area fails
Im expecting it to reach march 2022 highs and then retrace from there
Im expecting it to reach march 2022 highs and then retrace from there
Trade closed: stop reached
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