| Sterlingyen Analogy Update.
The sterlingyen shorts <224.05-223.96>, could be about to culminate into profits as a "local limited" H&S 4hr formation appears to be forming (chart below).
Targets are limited however until 222.40.
The overall bias remains bullish to re-load at 78% AR (222)
To trade the H&S shorts can be tried from current levels up till 224.30 with SL > 224.75 |