2020-10-04 GBPUSD Outlook
I want to see price reject and head down to form a right shoulder for a potential inverse head and shoulders.
If we reach the zone, I'll go short down to the expected reversal target. If we go down now, I'll expect to buy at the reversal target.
The price must agree and candles will need to show confluence.
If price pushes through the top, I'll want to see a strong retest before buying to ensure I don't get caught in a fakeout.
If we reach the zone, I'll go short down to the expected reversal target. If we go down now, I'll expect to buy at the reversal target.
The price must agree and candles will need to show confluence.
If price pushes through the top, I'll want to see a strong retest before buying to ensure I don't get caught in a fakeout.
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