one more head and shoulders pattern
Updated
hey traders,
audusd goes lower and again finds a decent level of structure to focus on.
as the market toucher this 0.708 zone, we see clear rsi divergence and market consolidation.
Formation of a head and shoulders pattern leaves us clues that with high probability we will
see a retracement up until the range of a pattern,
my initial target is bit lower that 0.715
and the second target is aorund 0.718
stop below head
good luck!
Comment
almost hit the first targetTrade closed: target reached
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