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AUD/USD - Inverse head and shoulders

Long
Dollaro australiano / Dollaro (FX:AUDUSD)  
SlovakTrading Aggiornato   
FX:AUDUSD   Dollaro australiano / Dollaro
Trend Analysis Chart Patterns Technical Indicators AUDUSD LONG Inverse Head and Shoulders neckline pullback reversal intraday
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trendanalysis chartpattern indicator audusd long inverseheadandshoulders neckline pullback reversal intraday
We can see that on the chart there is building up reversal pattern - Inverse Head and Shoulders. This is bullish reversal pattern and important is close above the neckline.

Wait for pullback (neckline), it should be good entry.
Targets: TP area (agressive)
0.382 Fibo (0.7076)
SL: Below the right shoulder -> 0.70260

Wait for entry! Wait for neckline breakout and pullback!
Commento:
Valid pull-back and bounce.
snapshot
Commento:
Set your SL below the neckline
Trade chiuso: obiettivo raggiunto:
Conservative Target 0.382 Fibo -> 0.7076 HIT

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