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GBPAUD: Projected target of 1.81850

Short
Livre sterling / Dollar australien (FX:GBPAUD)  
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FX:GBPAUD   Livre sterling / Dollar australien
Trend Analysis Chart Patterns GBPAUD GBP aud short Bearish Patterns pattern Forex fx
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trendanalysis chartpattern gbpaud gbp aud short bearish pattern forex fx
Hey guys,

The pair broke a H&S pattern and is now pulling back a little bit.

The projected target (head - neckline) is at around 1.81850 to complete the pattern.

Trade with care!

Cheers

Jesse

Commentaire:
Price went to re-test the right shoulder.

RSI M15 suggesting downside as well .

snapshot
Commentaire:
Downside also suggested by RSI H4 for an extra confirmation

snapshot
Commentaire:
Booking some profits, 100+ pips since I posted the idea

Idées en relation

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USD/CHF: Possible H&S formation
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USD/CAD: Successful retest of H&S
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EUR/AUD: Head and Shoulders in progress
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