AUDUSD Inverse Head & Shoulder???
Updated
A doji is formed at a very important area, where is the price broke above the trendline and support line. It is sort of a *special* inverse head and shoulder to me. In daily chart, it was a bullish engulfing yesterday too. Therefore, it seems that buyer is more than seller now.
I am doing a long position on this trade.
TP: 0.7640
SL: 0.7520
Thank you and feel free to exchange your idea with me.
I am doing a long position on this trade.
TP: 0.7640
SL: 0.7520
Thank you and feel free to exchange your idea with me.
Trade closed: target reached
OMG it was a huge bullish candle! Thank you and congrats to traders who follow this setup!!!
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