Potential Head and Shoulders pattern forming
In the 4-hour chart of GBPJPY, there is a potential Head and Shoulders pattern forming. The supply above presents an excellent opportunity for a sell position, possibly serving as the shoulders line if the price reacts accordingly. The black line below represents the neckline and serves as the first target for this position. Ultimately, the support at the bottom acts as the final target for this trade setup.
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- Est. Since 2018.
- Up to 100% Profit Share.
- Balance Based Drawdown.
- 1-Step & 2-Step Funded Accounts.
citytradersimperium.com/
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