GBPUSD- 13Oct2021
On H4, GBPUSD bounced from neckline trendline indicating inverse h&s still intact. Market structure have also changed to higher highs and higher lows. We could expect it to swing towards 1st Resistance at 1.37115.
If price close below neckline, inverse h&s would become invalid.
This is for personal record purposes only, not financial advise or solicitation of trade.
On H4, GBPUSD bounced from neckline trendline indicating inverse h&s still intact. Market structure have also changed to higher highs and higher lows. We could expect it to swing towards 1st Resistance at 1.37115.
If price close below neckline, inverse h&s would become invalid.
This is for personal record purposes only, not financial advise or solicitation of trade.
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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.
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.