GBPUSD LONG
GBPUSD IDEA- Inverted H&S LONG?
Trade closed: target reached
50 pips bagged TP HITNote
(For my journal) Once again, brilliant I secured short term profits. However, looking at the trend within the channel, the previous move down was larger than the move up. The overall movement of price is below the 200 EMA, so this consolidation of price in the channel would essentially continue to push price down rather than reverse.
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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.