GBP/USD H1

 The price is forming a potential Head and Shoulders while located inside a uptrend channel.

Our trade setup will be  to sell below the neckline of the H&S with a first target near the ascendent support of the channel at 1.6052 and a secondary target at 1.6015, near the next support level while a stop loss is placed above the neckline at 1.6096.

SELL at 1.6079

SL at 1.6096

TP1 at 1.6052

TP2 at 1.6015

R:R 18/65

Goldenschild Asset Management

www.goldenschild.com

Skype

hughes.andre