AUDCAD 200 pips short
AUDCAD make a head and shoulder pattern.
this pattern just is a method to know how the market work based on price action.
it going on weak higher high (head) on triple rejection (makes subbly zone) so we can take short or waiting to complete the pattern (on entery 2) then enter.
(entery = 0.95200) (stop loss = 0.95500 ) (target = 0.93200)
(time = 2 weeks)
Risk : Reward = (2:14) or (1:7) on this analysis
this pattern just is a method to know how the market work based on price action.
it going on weak higher high (head) on triple rejection (makes subbly zone) so we can take short or waiting to complete the pattern (on entery 2) then enter.
(entery = 0.95200) (stop loss = 0.95500 ) (target = 0.93200)
(time = 2 weeks)
Risk : Reward = (2:14) or (1:7) on this analysis
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