_VincentP_
Short

Shorting final leg of (possible) H&S pattern

FX:GBPUSD   Pound Sterling/U.S. Dollar
As the title states, shorting the last part of what looks like a H&S pattern that is about to get completed (if 1.44 holds).
Aiming for at least neckline of (possible) H&S at 1.4065 with stop right above supply zone , 1.4410. Entry at 1.4380 - 1.4370.

Other elements to support this short are:

If price indeed moves lower and tries to complete the H&S pattern possible continuation of short till 1.36.
Comment: Price went to test the neckline but didn't break lower. It in fact bounced very neatly off of it. Stop was pretty tight but if you could manage a bit bigger risk, this was a good trade.
Nice trade man, well done
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