GBP/USD ON 240M PRICE CHART , AFTER THE PAIR PEAKED AT 1.4345 ,CORRECTION TAKES PLACE , MAY BE THE PAIR BEGAN THE FIFITH WAVE OF WAVE A OF A ZIGZAG PATTERN OR UNFOLDING INTO DOUBLE ZIGZAG , MAY NOW ITS IN THE JOING WAVE X, AND WE WAIT FOR THE LAST BEARISH SWING TO COMPLETE THE SEQUENCE A-B-C OR W-X-Y , BREAKDOWN 1.3765 CONFIRMS THIS POSSIBILITY
ON THE OTHER HAND , A COMPLEX HEAD AND SHOULDERS APPEARS AFTER LONG UPSIDE TREND , BUT BE WARE ABOUT BREAKING THE UP SLOPING TRENDLINE NUMBER (1) ITS A SIGNIFICANT UP TRENDLINE , BREAKOUT DOWNWARD 1.3765 CONFIRMS THE HEAD AND SHOULDERS TOP AS A VALID ONE, AND VALIDATE THE PENTERATION OF THE TRENDLINE, THE PRICE TARGET OF THE HEAD AND SHOULDERS LOCATED AT 1.3030 ,REMINDING YO THAT BREAKING THE UP TRENDLIND NO (1) WILL PUSH THE PRICE TO HEAD TO ACHEIVE THE HEAD AND SHOULDER‘S TARGET , UNLESS THE UPSLOPING TRENDLINE NO (2) STOPS A PERSISTENLY DECLINING
