josemarcucci

Head and shoulders in it's way

Short
FX:GBPAUD   British Pound / Australian Dollar
This pair is giving us a very nice short opportunity as a head and shoulders patter is on it's way... it will take some time but we can take advantage of every of the different stages to be completed. I will enter short towards the level 1.874 and from there see what reaction the price will have because it can bounce back towards the level 1.879 or break down directly to the level 1.864
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.