GBPAUD H&S SELL Short

FX:GBPAUD60

British Pound/Australian DollarFXCM

Description

⋅ Nov 29, 2021 7:56 PM

GBPAUD H&S on 1H and confluence with 61.8 FIB drawn on 4H high - low. TP at 1.85500

Fibonacci Head and Shoulders

Comments

MeArnold

⋅ Nov 30, 2021 3:32 AM

Another good analysis, although I'd take profits at ~$1.85976 as if it drops to about $1.8512 then could form a H&S which if happens good short but right now it's in a up trend and will stop at my target if it wants to continue.