pete002
Short

GBPAUD Potential H & S play on Daily

FX_IDC:GBPAUD   British Pound / Australian Dollar
A potential H & S short play on the Daily for GBPAUD             .
If we have a break and hold below neckline the measured move conservative target is ~ 1.9610 as indicated by arrow down.

One to watch.

* Conservative (candle close, not topping wick taken as high for measure)

Can also use Bulkowski's target criteria for H & S if you wish - http://thepatternsite.com/hst.html
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