gbpusd H*S H8 LONG/SHORT sequence swing trade
🔸Let's review 8 hours chart for GBPUSD today. speculative buy/hold setup
for GU bulls, H*S setup in progress. Currently we triggered neckline of the
pattern structure, therefore expecting more upside/gains until we complete
the sequence and print RS at/near 2780/90.
🔸H&S structure is defined by LS/resistance at 2790, neckline at 2540/60,
head of the structure at 2850/75. currently we triggered neckline and
therefore expecting more gains/upside in GBPUSD, bulls maintain
mid-term advantage.
🔸Recommended strategy bulls: bulls should buy/hold dips target is
2790 +150 pips, bears wait for the price to max out / complete the
sequence at 2790 and short from overhead resistance, SL 40 pips
TP1 +100 pips TP2 +200 pips. swing trade setup, patience required.
good luck traders!
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RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
for GU bulls, H*S setup in progress. Currently we triggered neckline of the
pattern structure, therefore expecting more upside/gains until we complete
the sequence and print RS at/near 2780/90.
🔸H&S structure is defined by LS/resistance at 2790, neckline at 2540/60,
head of the structure at 2850/75. currently we triggered neckline and
therefore expecting more gains/upside in GBPUSD, bulls maintain
mid-term advantage.
🔸Recommended strategy bulls: bulls should buy/hold dips target is
2790 +150 pips, bears wait for the price to max out / complete the
sequence at 2790 and short from overhead resistance, SL 40 pips
TP1 +100 pips TP2 +200 pips. swing trade setup, patience required.
good luck traders!
🎁Please hit the like button and
🎁Leave a comment to support our team!
RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
t.me/thesyndicate001
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💎solana meme coin algo based
⚡️signals based on whale activity
📕and trading course for 10x-25x
🚀supercharge your trading
🏧to the next level join us today
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