FX:GBPAUD   British Pound / Australian Dollar
PRICE HAS COME UP AFTER A SUPPORT REJECT BACK TO TEST THE TRENDLINE.
SO FAR 100+ PIPS IN PROFIT
PARTIAL PROFITS WILL BE TAKEN AT THE SUPPORT AND LETTING THE REST RUN TO HIT FULL TP FOR 600 PIPS
PRICE ACTION INDICATOR A HEAD AND SHOULDERS PATTERN FORMING UP SO THAT SUPPORTS IT MORE

Comments

Will is still drop?
Reply
faraz99200 Jame5Gr33n
@Jame5Gr33n, based on my support, a newer trendline was formed, so the pair is in a triangle, once it has broken and a retest happen we can see a potential swing. i did take full profit at the support line
Reply
I agree, very similar to my analysis. have made so much swing trading this over the past week! lets hope it drops to that 1.7600 level.
Reply
faraz99200 HemiBillions
@HemiBillions agreed make sure to take partial profits at the support since it might bounce back
Reply