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pete002
Nov 24, 2015 3:43 PM

GBPAUD Potential H & S play on Daily Short

BRITISH POUND / AUSTRALIAN DOLLARICE

Description

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 - thepatternsite.com/hst.html
Comments
BULLSS1993
Nice job,keep it up
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