Hi Martin, that's a nice trade. Why would you bother with 5M stress.
I sometimes trade H&S, but mainly off Daily. They are rare trades , but a lot more pips.
Just one thing. Why do you use moving averages for entry? Entry for me is Price Action
off Neckline. Break off neckline, or if you are conservative, a retest of neckline.
If you were trading at 10pm at night, which seems what most here do, you would have got an entry
at 15:00 candle open on the 4th. S/L above 1.09556 high . T/P @ 1.087. Risk 30+ pips
Reward 50+ pips, depending on your Spread.
Even at a small position size of .4 of Lot, At AU $ 3.70 a pip you would have made $ 200
minus a small - swap rate. AN is one of the worst value for pip pairs. Stress free.
I don't log in that often, but hope you show a few more of your trades. Not the 5m ones.
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