EUR/AUD: Head and Shoulders in progress
Updated
Hey guys,
I am about to short the pair as soon as I see a bearish evidence on H1 or H4.
It looks like the H&S pattern is nearly complete. Both targets shown in my chart.
Cheers
Jesse
I am about to short the pair as soon as I see a bearish evidence on H1 or H4.
It looks like the H&S pattern is nearly complete. Both targets shown in my chart.
Cheers
Jesse
Note
Will short if the current H4 bar engulfs the previous one. My 1st target: 1.59300
Note
Note
Notice how volume is increasing while price is going downNote
Trade closed: target reached
Note
Ok things are getting serious now ;-) Let’s wait a successful test of the neckline and then short it again. This time it should fall even harder. But this trade is not yet in place.Note
===> Trade to come, IF the neckline is successfully broken. No rush for the moment :-) Note
Hey guys, Big macro day today.
For those of you trading, here could be a nice small trade.
H&S completion pattern, rejection at the right leg, sell only if it breaks the trend line downwards.
Cheers
Jesse
Note
===> Next target is 1.58500Note
Trade closed: target reached
My target of 1.58500 was hitNote
Final target still in play
Related publications
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.