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SwissPips
10 Th04 2018 07:26

GBPAUD: Projected target of 1.81850 Giá xuống

FX:GBPAUD15
British Pound/Australian DollarFXCM

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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

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Price went to re-test the right shoulder.

RSI M15 suggesting downside as well .

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Downside also suggested by RSI H4 for an extra confirmation

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Booking some profits, 100+ pips since I posted the idea
Trend AnalysisChart PatternsGBPAUDGBPaudshortBearish PatternspatternForexfx
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Buckz
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Retesting Neckline??
SwissPips
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@Buckz, either neckline or the 50% fib retracement. But already a nice place to short IMO.
Buckz
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@SwissPips, So now to wait for a bearish confirmation candle.. Thanks for the heads up..
SwissPips
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@Buckz, yep! personnally I am already shorting. Bear in mind that this idea is based on a 15-minute chart and not on a 240 minute one like my other ideas. Cheers!
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