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GBPUSD LONG COUNTER IDEA

Long
FX:GBPUSD   British Pound / U.S. Dollar
Based off my previous idea, this idea seems more logical. Inverted head & shoulders followed by a re-test of the neckline. The exchange rate also shows a 50% retracement and candles getting smaller and wicks getting longer suggesting a decrease in momentum.

Comment: Well looks like my previous analysis was right and this one didn't 🤷🏽‍♂️
Comment: (Journal) Look at the overall trend, and trade direction. No break of TL or shift in momentum.
Comment: Market turned around and broke TL.

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