MariusStanescu

Bearish Reversal Pattern on GBPUSD

FX:GBPUSD   英鎊 / 美元
Simple price action and technical analysis.

A Head and Shoulder reversal pattern is about to form. Possible scenarios:

1, IF the price is retesting the 1,22040 level, then a buy trade is first in place.
2, If price brakes under this level, than a retest of 1,2040 and a sell trade will be possible, as for the H&S pattern.

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