george_fenton1

potential right shoulder? GBPJPY

OANDA:GBPJPY   British Pound / Japanese Yen
Forgive me if this is wrong as I am still learning, however would you say over the next few days a potential right shoulder is forming on the GBPJPY daily TF?
May 20
Comment: any help/criticism is much appreciated
This is very wrong, but you're learning so don't worry about it.
The shoulder should be lower than the heads, so, this is not a head or shoulder. Imagine it just like your own, if your shoulders were that high well, I think you'd be dead.
+1 Reply
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