hello all.
my trade . thinking gu can hit in a days 4800. now i see 4470 as a minimum target today.
my trade . thinking gu can hit in a days 4800. now i see 4470 as a minimum target today.
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Dislikedputting in a pending buy at 4368 targetting 4448 but may have missed the train {image}Ignored
Disliked{quote} supplementary to the above here's the look at daily chart GBP USD. Clearly an inverted H&S is in the making. Proposed current scenario: 1)price goes up to 4450 2)price then dips to 4280 area in the upwards sloping channel as above on H4 chart 3)price reverses @4280 and rallies higher towards neckline 3)price clears the neckline of the inverted H&S at/around 4480-4520 and goes further up 4)final target on the initial rally is 4700 +- 50 points. Overall I see GBPUSD turning from bearish to bullish, with the inverted H&S clearly visible on...Ignored
DislikedI note talk of an inverse head & shoulders but is not the monthly depiction going back years one massive head & shoulders. Also one seems to have formed on the 4 hour timeframe {image}Ignored