GBPAUD Probably Inverse Head and Shoulder

Long

Livre sterling / Dollar australien (FX:GBPAUD)

FX:GBPAUD Livre sterling / Dollar australien

Long GBPAUD on H1 chart as spotted a probable head and shoulder setup. Having ABCD at 61.8% pull back. Consider this trade as a Counter-Trend Trade as higher time frame on Daily Chart is not creating new highs, therefore I'm not shooting for an extended target.

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