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