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Dannicada

GBPUSD short idea

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
Dannicada Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Support and Resistance Head and Shoulders
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supportandresistance headandshoulders
Monthly:
- Expecting a retest of "W" formation neckline
snapshot

Weekly:
- rejection off structure resistance to the downside
snapshot

Daily:
- strong rejection from resistance
snapshot

4hr:
- clear head and shoulder pattern
- break and retest of neckline
- 0.382 fib confluence
snapshot
Trade active
Trade closed: stop reached

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