Jethrowong

Potential HnS Pattern forming, to the downside

Short
Jethrowong Updated   
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
1) Wait for Potential HnS pattern to form
2) Wait for retracement to fib level 61.8%
3 Short when rejection candle close and rejects 61.8% and monthly trendline (Red line)
Trade closed: target reached
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.