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PLETHORAFOREXINSTITUTION

GBPUSD 4H - Buy alert (HIGH PROBABILITY TRADE)

Long
British Pound / U.S. Dollar (OANDA:GBPUSD)  
PLETHORAFOREXINSTITUTION  
OANDA:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Head and Shoulders Harmonic Patterns GBPUSD gbpusdlong gbpusdanalysis
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trendanalysis headandshoulders harmonicpatterns gbpusd gbpusdlong gbpusdanalysis
GBPUSD has been on a downtrend channel since May, it has recent broke area 1.2100-1.1900 and dropped to 1.1400. We are expecting price to go back to area 1.2100-1.1900 as we have spotted a head and shoulders pattern to create a balance of structure. Let us get ready for the trade, yeah!?

NB|USE PROPER RISK MANAGEMENT
ENTRY PRICE:1.1520-1.1560
STOPLOSS:1.1400
TAKE PROFIT:1.1900
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