SickNick84

AUD/USD Head and Shoulders/

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
A head and shoulders reversal pattern is setting up on the 1H time frame. Entry on the break of the neckline with a take profit at a 1:1 RR is my preference for this setup. Slight divergence across the left hand shoulder and the head with the head sitting right up against a resistance level. This confluence of factors all support a short.

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