Back of a cat's head?

I don't know if this is the right place to put this kind of question. I'm looking at the GBP/USD H1 chart and it looks to me like the back of a cat's head.

My question is: Should I take a chance and go short, looking for taking profit at the nose or whiskers area? (We are already past the ears). Or should I wait to find out if it really is a cat?

Regards

MikeH.

Can you post a chart on that? Never heard of this pattern...

what kind of cat ?

I would upload the file, but it seems to be the wrong format. I am new here, as you may be able to tell. But if you look at the GBP/USD H1 chart right now, that will get you a better idea.

Latin name: Felis lynx

Size: Head and body up to 130cms. Tail length approx 25cms.

Question is, should I go short to the tip of the nose? (about 2.5 cm).

Just a minute. The eyelashes seem to be taking shape at the moment. Maybe they could be quite long.

I dunno mine is looking like a bunny rabbit, not bugs or the trix guy

You mean like the kind in Monty Python's Quest For The Holy Grail? It all ties together doesn't it?

Well, Before we get a resopnse on "Cat's Head" Pattern, can we analyze Market Sentiment that might cause it?

/\__/\ = my guess as to what it looks like...

Perhaps the cheeks should be included too, I don't know. That would certainly affect my opinion.

Looks an awfull lot like a Double Top to me and you know what they say about DT's...
Term Ceiling
OR
Take Direction on a confirmed break.

In the basic graphic I post here, Buyers are unwilling to step into dark territory and hence the right side of the right ear.
However, IF price were subsequently able to exceed the tip of the right ear, I would probably throw my hat in the ring on the Long side..

btw... Cat's Head is new to me also and perhaps caution would be fortuitious. Are you Paying for this {perhaps} Renamed Info?

I am now more than 5 years into my forex career and I can identify the Cat's Head formation at a glance.

I found adding toast to the cats head makes it far more accurate IMO.

http://llwproductions.files.wordpres....jpg?w=1000&h=

You are right...

Much easier in a sideways market, lol.

But watch out for consolidation

Every now and then, someone comes along with a thread that just makes you laugh out loud..thnx for the entertainment and yeah, at times the charts look like anything but charts..kinda a giveaway you need some shuteye!

LOL willf ... who wants to stroke this pu.. pu.. moggy!

Staring at the cat head formation and you start to loose perspective. Long....no short....here kitty kitty kitty.....

I'm no feline expert, but that cat is definitely inbred.

I didn't see the cat's head.
Currently I am seeing a striking snake.
Is it going to bite us in the Ass ??