Pattern: Inverted head & Shoulders
Confirmation: downtrend / yes. Reversal / yes. left shoulder right shoulder similar pull down / yes. Head of the dip lowest point / yes
Fundamentals : 12th AUG we have important GBP news. GDP reports come out and will have a big impact on the price strength of the £. A good report could possibly see this pair rocket up.
Confirmation: downtrend / yes. Reversal / yes. left shoulder right shoulder similar pull down / yes. Head of the dip lowest point / yes
Fundamentals : 12th AUG we have important GBP news. GDP reports come out and will have a big impact on the price strength of the £. A good report could possibly see this pair rocket up.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.