GBPUSD August 9th-13th Setup part 2

4H had recent break of structure making higher high. 1H and 4H bollinger band squeeze. 4H has possible trend continuation pattern (Flag). Daily has possible inverse head & shoulder. Which means possible sell continuation to 1.37500-1.38000. If price continues down to level looking for reversal patterns and engulfing candles on smaller time frames to get entry on low of shoulder.

Сделка активна:

Broke out of band and trendline. Currently retesting. Expecting continuation to 1.37510 (right shoulder).