BRITISH POUND GBPUSD DAILY SWING TRADE
HI TRADING TEAM
SO A DAY AGO I DID SOME ANALYSIS ON GBPUSD, TODAY I DECIDED TO GO BACK TO MY CHART AND SEE WHAT I MIGHT HAVE MISSED OUT, BOOM I WAS IN FOR A SURPRISE, TOOK MY TIME DRAFTING IT UP AND THEN DECIDED I'M GOING TO SWING LONG, BECAUSE WHEN LOOKING AT THE CHAART, YOU TOO NOW CAN CLEARLY SEE WHAT I THINK ITS GOING TO HAPPEN, WELL THEM LOWS AND HIGHS SEEMS TO BE CONNECTING TO FORM A REVERSE HEAD AND SHOULDERS, WHAAAAAAT!!!! YEAH ITS WHAT I SEE. AINT NONE MUCH TO SAY THOUGH, BUT A LIL CONFIRMITION OF ME CALLING A REVERSE HEAD AND SHOULDER IS THE FACT THAT OUR LOWEST LOW DID A DOUBLE BOTTOM. THE CROSSING OF OUR LAST TOP DESCENDNING TRENDLINE AND A BREAK OF OUR RESISTANCE AT ~$1.4000 LEVELS WOULD CONFIRM THE BULL POWER. FAILURE RESULTS TO INVALIDATION. I THINK ITS A SHORT WORTH THE RISK, WHATS YOUR SAY???
DROP IT ON THE COMMENTS BELLOW OR DM'S, AFTERALL I STAND TO BE CORRECTED.
@FDTL
@TradingView
SO A DAY AGO I DID SOME ANALYSIS ON GBPUSD, TODAY I DECIDED TO GO BACK TO MY CHART AND SEE WHAT I MIGHT HAVE MISSED OUT, BOOM I WAS IN FOR A SURPRISE, TOOK MY TIME DRAFTING IT UP AND THEN DECIDED I'M GOING TO SWING LONG, BECAUSE WHEN LOOKING AT THE CHAART, YOU TOO NOW CAN CLEARLY SEE WHAT I THINK ITS GOING TO HAPPEN, WELL THEM LOWS AND HIGHS SEEMS TO BE CONNECTING TO FORM A REVERSE HEAD AND SHOULDERS, WHAAAAAAT!!!! YEAH ITS WHAT I SEE. AINT NONE MUCH TO SAY THOUGH, BUT A LIL CONFIRMITION OF ME CALLING A REVERSE HEAD AND SHOULDER IS THE FACT THAT OUR LOWEST LOW DID A DOUBLE BOTTOM. THE CROSSING OF OUR LAST TOP DESCENDNING TRENDLINE AND A BREAK OF OUR RESISTANCE AT ~$1.4000 LEVELS WOULD CONFIRM THE BULL POWER. FAILURE RESULTS TO INVALIDATION. I THINK ITS A SHORT WORTH THE RISK, WHATS YOUR SAY???
DROP IT ON THE COMMENTS BELLOW OR DM'S, AFTERALL I STAND TO BE CORRECTED.
@FDTL
@TradingView
