FOREX TRADERS

[Relentless Despot]

I too have looked at it as a head and shoulders pattern..
Actually I have been really trying to figure out if it was or not... at this point of course it is all speculation.. but I have been leaning away from the head and shoulders reversal pattern more and more....
The monthly chart is what convinced me..
The monthly chart was just tooooo oversold on the last reversal....
The dollar is toooo frought with problems...
I'm prepared for it if it happens.. but I don't think this is a head and shoulders reversal... but time will tell