EP 1204 SL 1199 TP 1233 it is a good risk , 1. candle confirmnation 2. at support trend line
H&S pattern found Retest the neckline shall go to 1.14 level
There is possibility of further upside but it is possibly limited. In near future. Going back to 1.30 is more possible.
Price had been retracing looking to test bottom of what was once channel support which could act as resistance.
if gbpusd cant breakout the trendline , it will move to 1.2800 level
H&S founded and retest neckline so, bear is coming for 135 levels
In my view , it is the best time to buy some gold. low risk, high reward
looking to retest for Fib retracement level 0.5 daily pinbar found
at major support target to 47.50 (0.5 retrace level and trendline retest)