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UKTRADERS21

GBPUSD TREND FOLLOWING SHORT TRADE

Short
British Pound / U.S. Dollar (OANDA:GBPUSD)  
UKTRADERS21  
OANDA:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Support and Resistance Head and Shoulders
2
0
trendanalysis supportandresistance headandshoulders
I am anticipating a trend-following short trade at the current daily resistance level. If we look at the 1-hour chart, a head and shoulders pattern has formed, and its neckline has broken below. Now, it is undergoing a retest.

Entry 1.2674
Stop loss 1.2715
Targets 1.2610
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