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TheMeditrader

Head and Shoulders Setting Up On GBPUSD

Short
British Pound / U.S. Dollar (EIGHTCAP:GBPUSD)  
TheMeditrader  
EIGHTCAP:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Divergence Bearish Patterns swingtrade priceaction ict SMC fundedtrader
3
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trendanalysis divergence bearish swingtrade priceaction ict smc fundedtrader
Although they have very strong correlation, I am now seeing a divergence between both pairs and opposing price action. A strong case for a head and shoulders is setting up as GBPUSD enters an area of supply on the daily and 4 hour chart. Once I see confirmation, I'm going short and targeting sell side liquidity and demand zones.

Happy trading,

The Meditrader
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