GBP AUD - scalp W formation

Actualizado
Hello traders and analysts

just a quick idea here - price is showing a nice hourly pattern for an inverted head and shoulders [potential] or a W formation.

Be aware price can fall down to todays lows of 1.79340 but ofcourse confirmation is key to success as price is reactive.
Trade your plan.

Note: Trading is about timing. so even if our stop loss gets hit on the chart. We may not have entered all together and orders can be adjusted.
Trade what you see, this is purely our Bias.

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Nota
still waiting for a rejection, if we do not get one, trade is invalid and not taken
Orden cancelada
not showing signs of rejection price to test lows again
Economic CyclesGBPAUDHead and ShouldersInverse Head and ShoulderslupacapitalpartnersreactivetradingSupply and Demandtradingrangewformation

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