AUD/USD | Potential Downward Movement

By CollegeofPips
💡 Trade Idea

📉 Sell Order AUD/USD @ 0.7419

🎯 Target Profit 0.7340

🛑 Stop Loss 0.7449

❌ Do not risk more than 1 % of your account on each trade

🙂 Good Luck !

Description: The daily resistance rejected the price and now posted a head and shoulder pattern indicating a potential reversal.
fakebreakoutFibonacciFibonacci RetracementForexPivot PointspriceactionSupport and ResistanceTechnical Analysistopdownanalysis
CollegeofPips

Related publications

Disclaimer