head & shoulder pattern complete! (3 x bounce to top = grey, 3 x bounce to bottom = red). Now: 4th bounce to top? No! Why?: because else the pattern wont work/exist. So now it cant be a pull to the top because before it did when we had the pattern. but now its finished so it will do the opposite => go down more! easy :)
no reason for gbpusd shorts anymore. only fear of non-brexit deal.. doji in daily timeframe formed = potential reverse and we take it with a awesome risk/reward ratio!
Clear trend break and retest happend to trendline already and fall down. now little pull back to 61.9 fib with a solid level of previous support which is now a resistance -> I expect a easy move downwards.