AUDUSD Head and Shoulders Pattern Breakout Short!

8 feb

We expect further downside on this pair, signalled by the formation head and shoulders pattern breakout. We can also see the breakout of a short-term trendline supports our directional basis.

8 feb

Nota

Trade has reached the 50% of the move. We expect a pull back before the continuation to the downside.

8 feb

Nota

Trade is approaching 80% of the move. The USA market open is approaching so anything can still happen hence its important to stick to your risk management rules.

8 feb

Trade chiuso: obiettivo raggiunto

We are done for the week. Happy weekend to all.