Piet.Hein
Long

Possible Inverted Head and Shoulders on GBPUSD

FX_IDC:GBPUSD   POUND STERLING / US DOLLAR
1229 18 55
10 months ago
Wait the neckline breakout to buy it.

Here is the AUDCHF             one:

AUDCHF forming possible Inverted Head and Shoulder
10 months ago
Comment: Its testing the neckline right now!

snapshot
9 months ago
Comment: It did happen!
forker PRO
10 months ago
PPPP ...Patience Pays Pretty Profits ;-)

...good job man!
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Piet.Hein forker
10 months ago
hahahahhaha for sure, thanks
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HumphreyNR
10 months ago
Thanks Piet.... On my radar...
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Piet.Hein HumphreyNR
10 months ago
:D
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walker.england PRO
10 months ago
Congratulations! Your chart has been selected to be highlighted as the post of the day. Both charts are excellent examples of developing reversal patterns.
+1 Reply
Piet.Hein walker.england
10 months ago
thanks :)
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Peterdl11 PRO
10 months ago
Could be correct...on my Radar also. Thx. good work.
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Piet.Hein Peterdl11
10 months ago
:) thanks
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Csys
10 months ago
It is interesting that Great Grandmaster Richard Schabacker uses the term "inverted" to describe formations occurring in the inverse order in time, and not in price. I know this formation is here and there called an inverted or inverse H&S, but I also prefer the master's way and call it a head-and-shoulders bottom. As for the analysis, yes, this formation indicates a reversal possibility. But given the circumstrances, there is a good deal of resistance ahead, and I believe it is highly unlikely that the market will break it upwards. So trading the right shoulder is highly risky here. But if the neckline is broken, that will have been a sure thing.
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Piet.Hein Csys
10 months ago
nice comment mate! Thanks for the words, yes I will only trade after the neckline breakout, so far Im just watching.
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Lanmar PRO
10 months ago
Looks good
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Piet.Hein Lanmar
10 months ago
:)
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makis
10 months ago
I WAIT FOR LONG
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Piet.Hein makis
10 months ago
me too, waiting the neckline breakout
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Prome PRO
10 months ago
congrats Piet! ;)
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Piet.Hein Prome
10 months ago
:D thanks friend!
Reply
king.cholette
9 months ago
yep retesting ! :) thx for update
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Piet.Hein king.cholette
9 months ago
:)
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