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Joshyboy99

GBPAUD

Long
British Pound / Australian Dollar (FX:GBPAUD)  
Joshyboy99 Updated   
FX:GBPAUD   British Pound / Australian Dollar
Chart Patterns GBPAUD gbpaudlong
12
3
chartpattern gbpaud gbpaudlong
GBPAUD on weekly timeframe has shown a vivid head and shoulders formation (YELLOW) with a rejection of the neckline (BLUE).

I will be entering this trade once confluences agree around the 1.92-1.93 mark and will update this accordingly.
Comment:
DISCLAIMER! SOME OF THE TRADES WERE MADE USING REPLAYS AND DEMO ACCOUNTS. SOME TRADES IN PAST WERE PURELY BACKTESTING AND SEEING IF MY STRATEGY WORKS. THIS IS MY OPINION AND MAY NOT BE ACCEPTED BY ALL
Comment:
1 min timeframe has shown breakout, ill enter now and have stop loss at recent low for a quick scalp trade and see how it goes. hoping to reach next resistance level and have that as my take profit. have my stop loss really close as I'm not one to risk more then I have to. big wins small loss people :)
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