British Pound / Australian Dollar
Short
Updated

GBPAUD sell

119
GBPAUD sell. hitting major resistance. If respects will see a bearish push.
Also, Head and Shoulders formation? Also, seems like its playing out a Bat Pattern?
TP1. 1.78764
TP2. 1.78089
SL. 1.79880*

You can hold this for long as well b/c two major supports are shown
final TP could potentially be 1.74* area
Note
TP1. was hit. expect it to bounce back to resistance as its final touch (last kiss?) , and drop again. making its way to the TP's
Note
Both TP's hit. Cheers.
Expect slight pullback.. Next potential sell @ 1.78752 area
Trade active
Once 1.77719* support is broken we will see overall bearish trend takeover & push towards 1.74* zone

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.