samwhite07

Head and Shoulders; Converging trendlines

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
*Converging support and resistance trendlines
*Head and Shoulders pattern

*W/ expected volatility coming from the US Jobs release on Friday and the strength of the USD due to the Fed's Monetary Policy plans for the rest of 2018 and 2019, this could be a good sell opportunity if this breaks the support trendline.

***Open to any constructive criticism/opinions about this analysis. Always looking to improve. Thanks for reading!
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.