AUDUSD: Head and Shoulders
Well, the currency pair went down and approached a strong support, but if you look closely, you can see the classic Price Action - Head and Shoulders pattern, upon breaking the support of which, a very good downward movement should follow. I expect this. I suppose that the price should go down to 0.7416 after the breakout
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.