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GBPCAD-possible H& S pattern....short below neckline

FX:GBPCAD   British Pound / Canadian Dollar
142 2 3
GBPCAD             looking downside H&S ....even we can short now at 1.83 ,second short when goes below neckline
A retest of the neckline is a much better option to trade as H&S is not valid until the neckline is broken. Also, fundamentally CAD is weaker compared to the Pound. Tomorrow is the UK's unemployment rate. While there is scope of a softer headline reading, Pound is bullish nonetheless. Would suggest extra caution when trading counter trend. And bear in mind the round number price of 1.8
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ForceFollower justatrader
I agree.
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