KeleabetsweMaseko

GBPUSD H&S formation

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FX:GBPUSD   Libra Esterlina/Dólar Americano
Hi, there fellow traders. My TA shows a formation of a head and shoulders pattern that is about to near its completion as soon as we are able to break above the resistance as shown in the chart. as you probably know the profit taking is measured by the size of the head with the left shoulder and the right shoulder, this should be a good trade as soon as we get a confirmation of a break above resistance, if you are going to take this trade make sure you use proper risking management

Happy Charting

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