EURAUD| Ascending Structure + Head & Shoulder Reversal Play :)
We've been in a corrective ascending structure for quite sometime from which we broke to the upside to form the Head of our potential Head & Shoulder pattern. Our primary focus is our right shoulder, we'll see if the correction forming is ascending in nature or a horizontal continuation correction to the downside, either way we'll be looking for LTF Correction after the breakout as our entry and confirmation.
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