Analysis of #GBPUSD
the GBPUSD formed a reversal pattern, for me, this is a head and shoulders pattern, many will not consider it one,
however, we can wait for a breakout of trendline resistance, then look for trend pattern continuation, like a flag pattern or triangle pattern to get into trend continuation entry. No entry before the breakout is confirmed
________________________________________
💭 | Comment your thoughts below, I always answer.
📥 | Feel free to message me if you have any questions.
Thanks for your continued support!
the GBPUSD formed a reversal pattern, for me, this is a head and shoulders pattern, many will not consider it one,
however, we can wait for a breakout of trendline resistance, then look for trend pattern continuation, like a flag pattern or triangle pattern to get into trend continuation entry. No entry before the breakout is confirmed
________________________________________
💭 | Comment your thoughts below, I always answer.
📥 | Feel free to message me if you have any questions.
Thanks for your continued support!
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