AUD/CAD Head and Shoulders - 24/11/2020
Initially unsure of whether price had found a new support and was going to spike up.
After the high of the second shoulder (3) met the high of (1) without breaking it I figured it was a head and shoulders reversal pattern and went short.
Risked 7 pips for a gain of about 30 giving ~9.84 RRR.
After the high of the second shoulder (3) met the high of (1) without breaking it I figured it was a head and shoulders reversal pattern and went short.
Risked 7 pips for a gain of about 30 giving ~9.84 RRR.
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