perfect head and shoulders pattern on EURAUD
refer to chart
Gold broke the 5 wave structure inside a flag and is retesting it implying a sell, a strong red candle will make a clear entry on sell
the equal measured move on gold gives a good idea that the price may further retract to complete the 5 wave series
checkout the divergence on gold
we might have a triple top formation If the 5th leg completes and bounces back we have a good shorting opportunity
we might see a good shorting opportunity for GBPUSD , its on top of its trnd and H & S are a reversal indicator
tp:1.26480 sl:1.23994
short
