Shspattern
GBPAUD, SHS pattern forming !D1:
- Tendency: Donward
- Testing support weekly
- SHS pattern forming
- Test neckline
--> Waiting break--> SELL
H4:
- Structrue; Downtrend
- Breakout support
-Test neckline --given signal up
--> Waiting pullback ---> Give signal bar--> SELL
( Prior analysis www.tradingview.com )
GBPAUD, SHS pattern forming on D1.D1:
- Tendency: Donward
- Testing support weekly
- SHS pattern forming
- Test neckline
--> Waiting break--> SELL
H4:
- Structrue; Downtrend
- Breakout support
-Test neckline --given signal up
--> Waiting pullback ---> Give signal bar--> SELL
( Prior analysis www.tradingview.com )
AUDNZD I SHS Pattern and Long OpportunityDescription: As seen in the H4 Chart Timeframe, AUDNZD completed a Bullish Inverted Head and Shoulders pattern as a reversal of the minor downtrend. Our targets are 1.08300 and 1.08900. If the trade works as predicted we will look for a short opportunity at D leg based on bearish harmonic butterfly pattern.
So our AUDNZD Trade Idea:
TRADE: LONG
ENRY: 1.07700
STOP: 1.06800
TAKE PROFIT 1: 1.08300
TAKE PROFIT 2: 1.08900
Good Luck
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