Commencez
Fx_Trader_ViSa

GBPUSD Head & Shoulder Pattern At Top

Short
Livre sterling / Dollar américain (FX:GBPUSD)  
Fx_Trader_ViSa  
FX:GBPUSD   Livre sterling / Dollar américain
Trend Analysis Harmonic Patterns Chart Patterns GBPUSD gbpusdanalysis pound dollar eurodollar Forex forexsignal forexanalysis forextrend
16
3
trendanalysis harmonicpatterns chartpattern gbpusd gbpusdanalysis pound dollar eurodollar forex forexsignal forexanalysis forextrend
GBPUSD has formed head & shoulder pattern at the top. It has achieved its first target, which was at support 1 and it bounces back from support 1 to retest the neckline. Now, it is also trading in descending channel pattern, as shown in the chart, we might see a downside in GBPUSD, as it is facing the resistance of neckline and resistance of channel pattern. One can initiate the short side trade with proper risk management and stop-loss just above the resistance line of channel pattern.

Thanks
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.