GBP AUD - scalp W formationHello traders and analysts
just a quick idea here - price is showing a nice hourly pattern for an inverted head and shoulders or a W formation.
Be aware price can fall down to todays lows of 1.79340 but ofcourse confirmation is key to success as price is reactive.
Trade your plan.
Note: Trading is about timing. so even if our stop loss gets hit on the chart. We may not have entered all together and orders can be adjusted.
Trade what you see, this is purely our Bias.
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