Sterlina / Dollaro
Short

Head & Shoulders GBPUSD Short

100
Possible head and shoulders pattern on the daily time frame could mean a huge drop for the pound. Price has already reached a trend line and has shown some good rejection so I am confident that the pattern should play out as expected. I personally entered this trade by way of market execution but waiting for price to break below the daily time frame and entering on the retest of that zone could be a higher probability trade setup.

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