GBPUSD: Potential Head & Shoulder + Compted Alt. 1.272AB=CD
Hello traders!
The previous forecast for the right shoulder of the pattern worked out really good. The right shoulder completed as an alternate harmonic pattern 1.272AB=CD. We can see clearly that the two shoulders up to now are in nice balance with each other. If we will see price breaks below the support zone than it can move more to downside otherwise we will be in a big move up.
Trade with care!
Good Luck!
The previous forecast for the right shoulder of the pattern worked out really good. The right shoulder completed as an alternate harmonic pattern 1.272AB=CD. We can see clearly that the two shoulders up to now are in nice balance with each other. If we will see price breaks below the support zone than it can move more to downside otherwise we will be in a big move up.
Trade with care!
Good Luck!
Comment:
Previous analysis.
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