GBPUSD Inverse H&S
Looks like a decent inverse H&S in the making here. The size of the H&S as we can see on the left is almost perfect. But when zooming in, we can see the shape is not really great. So i would be a bit careful with this one. I would like to see the right shoulder getting a bit bigger in time, so far it's too small. If we see that happen and then break up, i will very likely wait for a successful pullback before getting in.
Normally i don't mind giving it a shot earlier with an H&S, but this one is not convincing on the lower time frame.
Previous analysis:
Normally i don't mind giving it a shot earlier with an H&S, but this one is not convincing on the lower time frame.
Previous analysis:
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