GBPAUD Reversed Off .5 Fib After Completing AB=CD Pattern Short

GBP/AUDOANDA

Description

⋅ May 22, 2019 6:58 AM

Here we have a nice opportunity to sell the market, or the retest of the neckline area. Target will be the most recent lows.

Comments

VasilyTrader

⋅ May 22, 2019 7:13 AM

good very good.
stop above the right shoulder

AidanMDang

⋅ May 22, 2019 7:14 AM

@VasilyPonomarev, Yes exactly!! Head is too high to put stop above :) I learned this from a good friend of mine.

VasilyTrader

⋅ May 22, 2019 7:15 AM

@AidanMDang, hahaha, correct!)