dojitrader
Long

Very Aggressive H & S Potential - IF . . . ???

FX:GBPUSD   British Pound/U.S. Dollar
59 0 3
Harmonically this could "look" rather enticing and
(hardly a great reason for a trade)
the measured move takes this back into common
resistance zone that may be an EW 4th wave so,
IF the candlesticks trigger a solid long entry
the R/R would be worth the try.
Of course, the alternate EW count suggests this
is the start of one more down leg AND THEN a correction
on a larger degree. The risk is low to find out ~~~~~
Ideas Scripts Chart
United States