The GBPAUD 4hours Time Frame has confirmed a typical Head and Shoulders Chart Pattern.
The Neck region was broken and price rallied above it, but was rejected. Price is now below the neck, offering Pound Bears a mouth watering Short opportunity.
Trade Idea:
Entry: 1.9065
Stop: 1.9145
TP 1: 1.8860
TP 2: 1.8680
The Neck region was broken and price rallied above it, but was rejected. Price is now below the neck, offering Pound Bears a mouth watering Short opportunity.
Trade Idea:
Entry: 1.9065
Stop: 1.9145
TP 1: 1.8860
TP 2: 1.8680
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.