Trendhopper
Short

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

FX:GBPAUD   British Pound / Australian Dollar
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.....

Comments

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