Euro / Australian Dollar

Long

Head and shoulders + structure

By VasilyTrader

Updated

snapshot

Market sentiment:

Market is standing on significant support
RSI oversold + divergence
Rejection candles
Inverse head and shoulders pattern formation

trading plan:

Buy the breakout of a neckline - 1.584 resistance

Targets:
T1 - 1.59
T2 - 1.56

Note

Bounce from resistance

Order cancelled

✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel youtube.com/c/VasilyTrader

💰Instagram: instagram.com/VasilyTrader/ 💰

✅Facebook: facebook.com/VasilyTrading/ ✅

Also on:

Related publications

trading plan for dollar yen: overbought market + structure

by VasilyTrader

trading plan for aud yen: buy the retest of the broken structure

by VasilyTrader

Trading plan for dollar cad

by VasilyTrader

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.