TheTradersAvenue

GBPAUD > Possible Head and Shoulders Pattern.

Long
TheTradersAvenue Updated   
FX:GBPAUD   British Pound / Australian Dollar
Analysis of #GBPAUD


GBPAUD has a possible head and shoulders pattern, still, the second shoulder is yet to be complete, but we can keep an eye on this pattern to see if it will really come.

if the GBPAUD breaks above neckline resistance then I will for trend continuation pattern to get in a buy trade with a good risk to reward if the rules for entry are met


⚡ Be aware that due to the global tension we currently live In, markets are not following or respecting chart patterns and technical analysis.


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Comment:
Trade closed: target reached

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