TheSquaddieTrader

Heads and Shoulders?

FX:GBPJPY   英镑/日元
Hi please can someone tell me if this is a valid H&S im new to pattern trading so was wondering more experienced traders' thoughts and analysis on this???

is it valid if not what makes it invalid and second is there still a sell trade to be made (off the pattern) i know cpi was strong for GBP so fire away any questions or pointers

thanks

I also see one forming on NZD/JPY in the right shoulder phase at the moment so ill post that next

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