GBP/USD- Perfect short set up
Hi,
We have on the GBP/USD chart a perfect short term trade. The trend is clearly bearish short/mid term and with each minor support being broken and retested we have a great chance to enter short at the new breakout.
Although I never seem to trade the classic H&S pattern, its evident that its formed on the 4H, alongside the trend, S/R.
Entry- 1.24535
Stop loss- 1.25059 (Above right shoulder)
Target- 1.23504 (Next support)
*I have now entered*
We have on the GBP/USD chart a perfect short term trade. The trend is clearly bearish short/mid term and with each minor support being broken and retested we have a great chance to enter short at the new breakout.
Although I never seem to trade the classic H&S pattern, its evident that its formed on the 4H, alongside the trend, S/R.
Entry- 1.24535
Stop loss- 1.25059 (Above right shoulder)
Target- 1.23504 (Next support)
*I have now entered*
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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.