GBPUSD: Trading Plan For Today

istantanea

Morning guys,

gbpusd is still trading on a key level.

on 1H the market is currently completing the right shoulder of a head and shoulders pattern.
1.252 is the neckline.
I will buy the breakout of the neckline expecting a continuation to 1.26

stop will be below the COMPLETED right shoulder.

p.s in case of a violation of a head level, setup will be invalid
Chart PatternsCurrenciesdollarGBPUSDmoneypoundTechnical AnalysistradingTrend AnalysisDJ FXCM IndexWave Analysis

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