AUDUSD Update head & shoulders patter
Entered the consolidation trade when price broke H n S pattern.
You can also wait for a retest in a lower time frame, contact with 100 EMA or wait for a brake of a brief respite/consolidation in to enter the trade.
You can also wait for a retest in a lower time frame, contact with 100 EMA or wait for a brake of a brief respite/consolidation in to enter the trade.
Trade closed: stop reached
Comment:
Got greedy on thos one, should have stayed conservative
Happened: Retest of previous support line of h&s pattern or rebound off of 100 EMA ( in 5 and 15 min chart)