Head & Shoulders Bearish Opportunity on GBPUSD (1Hr)
Updated
Head & Shoulders pattern forming at a strong resistance area indicating a potential reversal of the Bullish trend for the Cable.
RSI overbought
0.87 Risk to reward ratio in order to target previous support level. RR can be slightly improved with more aggressive entry.
Let me know your thoughts.
RSI overbought
0.87 Risk to reward ratio in order to target previous support level. RR can be slightly improved with more aggressive entry.
Let me know your thoughts.
Trade closed: target reached
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