GPDAUD - INVERTED HEAD & SHOULDERS FORMING - SHORT @ 1.775 1.78

Short @ 1.775 -1.78...GBP weak so hold short until right shoulder is formed...could go lower......

Comment:

Baby bull needs a right shoulder....short between the 2 blue lines for TP 1.70381

Comment:

Trade active:

Ive shorted at 1.765

SL 1.78
TP 1.71....

I may add to this position if price goes a little higher

Comment:

I will monitor and maybe add SL to 1.785....because a spike could have me at 1.78...I cant see any break further to the upside...low risk

Comment:

I will be taking profit on this short @ 1.7260....completion of a bat pattern....I will also buy here....GBP his holding up and looking bullish generally...Our right shoulder could form much higher than the left.....huge upside potential.....