GBPUSD W1 analysis

Watch the neckline at 1.31981 · small swings
▼ Short 1.31981 · stop order (on the breakout)
Stop 1.37144 (3.91%)T1 1.26963 · R:R 1:0.97T2 1.23862 · R:R 1:1.57
Entry on a close through the neckline; stop beyond the right shoulder.
Why: 4 rules met, 1 of 1 guidelines

✓ The head is clearly beyond both shoulders
✓ Shoulders at similar levels (6% of the height apart)
✓ The neckline is not too steep
✓ Both shoulders rise clearly above the neckline
✓ The shoulders are roughly symmetric in time (guideline)