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Lach1217
Nov 20, 2019 9:39 PM
GbpAud Head And Shoulders
Short
FX:GBPAUD
60
British Pound/Australian Dollar
FXCM
Description
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Nov 20, 2019 9:39 PM
GbpAud has retested the highs on the daily and is currently putting a head and shoulders pattern in. If you are aggressive you can take the shorting opportunity now at the right shoulder or wait for the break below the neckline.
Trend Analysis
Chart Patterns
GBPAUD
gbpaudshort
reversalpattern
aggressiveshort
countertrend
Comments
JamesWoon
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Nov 21, 2019 12:58 PM
would you say this is still expected to drop?
Lach1217
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Nov 21, 2019 1:01 PM
@JamesWoon
, Id say if we break past the 1.8985 level we have a decent chance, currently looking like a head and shoulders on the 15 too
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