GBPUSD Update| Potential Short Trade

Good Day, Please leave a LIKE if you find this idea useful. Price has reversed to marked zone to form the right shoulder of Head and Shoulders pattern. I can see an Evening Star formation on the H1 TF but price seems to have found some kind of minor support at the line drawn in blue(1.24286) so my entry would be below that minor support line because if a H1 candle finally breaks below it then it'll be a good sign that price could be pushing lower.
Let's cross our fingers and see how it all plays out.
Candlestick AnalysisHead and ShouldersSupport and Resistance

Penerbitan berkaitan

Penafian