Fx_Trader_ViSa

GBPAUD Head And Shoulder At Resistance level.

Short
FX:GBPAUD   British Pound / Australian Dollar
GBPAUD formed Head And Shoulder Pattern at the resistance line of channel pattern. According to chart pattern analysis, we might see some downside in GBPAUD as shown in the chart, one can initiate short side trade with proper risk management and stop loss.


Thank You.
Trade closed: stop reached

Comments

Similar analysis to mine...
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Fx_Trader_ViSa ridzirocks
@ridzirocks, Thats Good. My Trade is Still On .What is you sell Zone??
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ridzirocks Fx_Trader_ViSa
@Fx_Trader_ViSa, similar to yours, stop reached. I am buying at 1.818 now
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nice idea man! upvote!
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Fx_Trader_ViSa plancton0618
@plancton0618, Thanks mate... Stop Loss is very close though as is was at Support.
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