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AlkalineFX

AUDUSD: Head And Shoulders Trap

Long
Dollaro australiano / Dollaro (FX:AUDUSD)  
AlkalineFX  
FX:AUDUSD   Dollaro australiano / Dollaro
Trend Analysis Technical Indicators Wave Analysis AUDUSD audusdshort audusdlong audusdforecast audusdsignal audusdanalysis audusdsell
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trendanalysis indicator waveanalysis audusd audusdshort audusdlong audusdforecast audusdsignal audusdanalysis audusdsell
Buyers got caught today, big time!

You can see from this chart that the head and shoulders break out was a trap.

Once they had initiated buys, the price was driven to the area with stop losses.

Now, this move is out of the way, we should continue to see bullish momentum.

Idee correlate

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