GBPAUD Head And Shoulder At Resistance level.

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


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