OANDA:GBPUSD   Livre sterling / Dollar américain
1h
4h
Daily

Looking to take this short on GBPUSD

Daily Has formed a Bearish W, simple lower highs and lower lows.
Has been rejecting the 78.6 for some time now.

4H: The 4h has reacted well from the higher timeframe zone, the first position is risk-free. Sniped :)

1H: Would love to take this 1h pattern, A head and shoulders, bearish w, and a head and shoulders within the 4th leg of the BW.

WIll monitor GU closely and update this analysis as time goes on.
Commentaire:
Price reached the shoulder 2 region of the H+S marked with Blue boxes.
Tagged me in, 3rd entry is Risk free.

Hope you enjoyed this analysis


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