Novi_Fibonacci

Head and Shoulders - GU

Short
Novi_Fibonacci Mis à jour   
FX:GBPUSD   Livre sterling / Dollar américain
Here I have GBP/USD on the 30 Min Chart!

We currently have price outlining 3 different Highs outlining what looks to be a Head and Shoulders Pattern on top of the Support or "Neckline"!

I believe we could be seeing a possible Reversal coming!

**Chart Patterns are known to fail 1/3 of the time so BEWARE OF FALSE BREAKS!

-Pattern Prediction-
If Price Breaks and Closes above 1.27085, Pattern INVALIDATED!
If Price Breaks and Closes below 1.26729, Pattern CONFIRMED and will initiate Trade Action Plan!
Commentaire:
It would seem price has INVALIDATED the Head and Shoulders set-up and is now looking like a BULL FLAG formation!

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.