Head and Shoulders Setting Up On GBPUSD
Although they have very strong correlation, I am now seeing a divergence between both pairs and opposing price action. A strong case for a head and shoulders is setting up as GBPUSD enters an area of supply on the daily and 4 hour chart. Once I see confirmation, I'm going short and targeting sell side liquidity and demand zones.
Happy trading,
The Meditrader
Happy trading,
The Meditrader
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