AUDUSD 15' H&SAUDUSD formed a Head and Shoulders pattern on 15' chart. This kind of pattern give us a good R:R ratio.
The H&S confirmation candle was also a big preemptive Bullish Outside Bar, showing us the strong bullish short term momentum, a must have in breakout trades.
Also, the move up projection of the H&S is coincident with the next major resistance zone.
