GBPAUD: Projected target of 1.81850

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Hey guys,

The pair broke a H&S pattern and is now pulling back a little bit.

The projected target (head - neckline) is at around 1.81850 to complete the pattern.

Trade with care!

Cheers

Jesse

Nota
Price went to re-test the right shoulder.

RSI M15 suggesting downside as well .

istantanea
Nota
Downside also suggested by RSI H4 for an extra confirmation

istantanea
Nota
Booking some profits, 100+ pips since I posted the idea
audBearish PatternsChart PatternsForexfxGBPGBPAUDpatternshortTrend Analysis

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