Short Opportunity Heads 'n' Shoulders GBPSGD

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https://www.tradingview.com/x/3Y6WB5Wh/

GBPSGD.... Short... This has retested and breaking down at the neck right now!

4HR

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تم فتح الصفقة

A couple ideas for trade.

1. SL 1.71650 (aggressive)
2. SL 1.71800 (less aggressive)

TP: 1.70590

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ملاحظة

I posted it because it's a H&S Short on Multiple Timeframes.
It's not always easy Shorting the Pound...It resists... but it goes down it goes down.
Here is another chart.

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ملاحظة

A SL @ 1.71900 (conservative)
Would still be just over 3:1 Reward / Risk

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تم فتح الصفقة

Short GBPSGD

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تم فتح الصفقة

Short GBPSGD:

This next 15m Chart shows an orange box & how price started retesting (left of screen) at about 4pm yesterday Tuesday and the recent conclusion to the retest. Far right of chart you can see how the price-action is slowly but surely selling off beneath the neck.