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Technician

Watch this pattern

British Pound / Australian Dollar (FX:GBPAUD)  
Technician  
FX:GBPAUD   British Pound / Australian Dollar
Head and Shoulders
100
14
headandshoulders
A possible trade on the GBPAUD if the head and shoulders neckline breaks. I would NOT assume that the price will go down and short it before a breakout as the whole scenario is based on the completion of the head and shoulders.

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Technician
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