GBP/USD has formed a beautiful Inverted Head & Shoulders Pattern on the 4Hr Chart
-Inverted Head & Shoulders is a reversal pattern where unlike its counter-part, this pattern is looking to go BULLISH!!
Price is currently at the "Neckline" of the Pattern, so what I'm anticipating is for price to give us that Bullish break above to continue higher!!
**EUR/USD is making similar movements
-Inverted Head & Shoulders is a reversal pattern where unlike its counter-part, this pattern is looking to go BULLISH!!
Price is currently at the "Neckline" of the Pattern, so what I'm anticipating is for price to give us that Bullish break above to continue higher!!
**EUR/USD is making similar movements
Note
I believe we are getting the break we have been looking for to validate this pattern!! Now to wait for the close and possible retest!
For All Things Currency,
Keep It Current,
With Novi Fibonacci!
Novi's Trading Channel
t.me/+l3fTcsZu91ZiZDkx
Keep It Current,
With Novi Fibonacci!
Novi's Trading Channel
t.me/+l3fTcsZu91ZiZDkx
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
For All Things Currency,
Keep It Current,
With Novi Fibonacci!
Novi's Trading Channel
t.me/+l3fTcsZu91ZiZDkx
Keep It Current,
With Novi Fibonacci!
Novi's Trading Channel
t.me/+l3fTcsZu91ZiZDkx
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.