The_Arena_Trader

Interesting Head and Shoulders bottom

Long
FX:GBPUSD   British Pound / U.S. Dollar
The measured move of a head and shoulders pattern breaking the neckline may or may not happen here. That would put price around 1.57000. But the prospect of the measured move accompanied by the recent history of price action to rise and fall quickly through the current level is enough to get my attention for a lower timeframe trade opportunity. Anything to stack the odds!

Comments welcome

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