英鎊 / 美元

GBPUSD H1 Inverted Head and Shoulder Pattern??

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Dear Investors,

I am currently observing price action on the H1 Timeframe and I Identified an Inverted Head & Shoulder Pattern

An Inverted Head and Shoulder Pattern is usually a bullish price action Pattern but occasionally it could turn into a bearish continuation Pattern

I have also Identified a neckline structure, which is a key level that determines the probable direction of Price

Therefore, I'll be observing price action for 2 possible scenarios;

1. If price breaks above this neckline structure, then on the retest, I will be looking for long opportunities

2. If price breaks below this neckline structure, then on the retest, I will be looking for bearish opportunities

Keep I'm mind that anything can happen 😌 so stay flexible with expectations and fixed on your Rules.

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