Ok so to be honest I had this one om my radar yesterday before going to sleep. Just woke up to see my H&S completed.
The overall trend on GBPAUD is bearish and this H&S looks like a nice opportunity to follow the trend
Just a personal note about entries etc.: I noticed the market is a bit different then 1 or 2 months ago, might be the "Sell in May and go away" effect or corona or whatever; but anyway therefore I took half position right now, and if price goes back to original entry level of 1.86063 I will take the full position
The overall trend on GBPAUD is bearish and this H&S looks like a nice opportunity to follow the trend
Just a personal note about entries etc.: I noticed the market is a bit different then 1 or 2 months ago, might be the "Sell in May and go away" effect or corona or whatever; but anyway therefore I took half position right now, and if price goes back to original entry level of 1.86063 I will take the full position
Trade closed: target reached:
Hit take profit with almost 111 pips :)