Head & shoulder on GBPUSD
Updated
a very nice head & shoulders has formed on the 15m & 30m time frames. This support our bearish analysis on the 4h time frame. It would be very strong confirmation if price breakthrough the nick line of the head.
Comment
As expected, price has broken through the nick line of the head & shoulders pattern. retest it and then going down south.Trade closed: target reached
Target of the head & shoulders has been reached . It was a nice one
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