shomonrobie

GBPAUD Sell Head & Shoulder, Backside of Trendline, Retracement

Short
shomonrobie Updated   
FX:GBPAUD   British Pound / Australian Dollar
Head and Shoulder Pattern
Price @ back side of up trend line
Price retraced from .382 fib level/ Restesting the retracement
SELL ONLY IF BEARISH CANDLE STICK FORMATION OCCURS BELOW THE TREND LINE (BLUE)
OR ANY OTHER REVERSAL AT 15M CHART

TARGET: 5 PIP BELOW 1.618 fib extension of down AB Swing
.618 retracement of UP AB Swing
Trade active:
Moved Stop @ 2.02495
Profit LOCKED!!!
134 PIPS!

Trade active:
Moved my STOP to 2.02112
40 Pips more Profit LOCKED!!
TOTAL PROFIT LOCKED 174 PIPS!!


Trade closed: target reached:
Target Reached!!!
PROFIT 275 PIPS!!

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