completed head and shoulders pattern and oversold market

hey guys,

we have a great buying opportunity on pound dollar pair.
oh a 4h chart we see a completed bullish abcd pattern.
also, looking left we see that the market is approaching a decent level of structure right now.

formation of a h&s pattern leaves us clues that with high probability we will see a pullback.

targets are based on structure.

stop below head.

good luck!

Commento:

test of the market support and bounce

Commento:

close to initial target

Commento:

hit the initial target

Commento:

Market is going higher

Trade chiuso: obiettivo raggiunto