alex29cdo

Head and shoulders formation —Bearish chart pattern—-

Short
alex29cdo Updated   
FOREXCOM:EURGBP   Euro / British Pound
I’m no expert but this looks like a great time to go short, analysing the chart the sellers are clearly in control and a head and shoulders pattern has formed, this is usually a bearish pattern. Stops and TP are just an example.. happy trading and sorry if I am wrong
Trade closed: stop reached:
Unfortunately I got stopped out quite early on, took a loss on this one of £10.20
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