Posssible H&S

FX:GBPUSD1D

British Pound/U.S. DollarFXCM

Description

⋅ Sep 2, 2013 3:45 PM

If it is now, then, it looks beautiful

Comments

williamfossati

⋅ Sep 3, 2013 5:05 PM

i agree with yuo in my mind break below 1.5420 level, opens up the 1.5101 pivot first, before exposing 1.4813 low

titi

⋅ Sep 3, 2013 5:13 PM

Agree, 1.5420 is around the neckline, 1.5150 is the measured move H&S, and should the big TL be broken, then we get 1.4800ish strong support March and July this year.

ariasjoe

⋅ Sep 3, 2013 2:56 AM

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sunny

⋅ Sep 2, 2013 7:04 PM

possible h&s but channel does exist - tradingview.com/v/lXuyzilZ/

titi

⋅ Sep 2, 2013 7:26 PM

Thanks for your comments. That why I wrote "possible". Agree that the channel exists, and also channels can be broken, as well as TL or neckline. Anyway I'll look for confirmation on the next candles

aceofswords

⋅ Sep 2, 2013 6:41 PM

I Like This Chart, I Like It A Lot ;0)

ebayaccount.nguyen

⋅ Sep 2, 2013 5:41 PM

i think not!!! Beware!!