This is how i like the H&S

FX:USDJPY   U.S. Dollar / Japanese Yen
238 2
Here are a simple example of what I like to see when a head and shoulders concern:

A clear and even better a strong trend, that suddenly decelerate when forming the head and shoulders
A clear lost of momentum (look at the MACD divergence
A clear pattern formation with a healty risk reward ratio (this time over 1 to 1.5

When you trade pairs do not have volume thats why you should look for this aditional confirmations.
This is one of those...
Lower lows and lower highs on H1 and H4, also top of Kelner Channel 98,11. Potential BC leg of a bearish Gartley unfolding, if so then up again with CD then down.
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