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Old 06-29-2009, 03:54 PM   #1 (permalink)
Shaun Overton
 
Join Date: Apr 2008
Location: DFW, Texas
Posts: 170
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InformedPoints: 19.44

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Default GBPJPY H4 Inverted Head & Shoulders

Take a look at the attached chart.

The inverted height is 550 pips and the break occurred at 157.75. That makes for a price target around 1.635 on this break.



Disclosure: Currently long GBPJPY.
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