Description
⋅ Potential Head and Shoulders formation for up on AUDUSD, stops has to be placed below the head as this is a sloping head and shoulders.
Trade active
⋅ Target1 hit: 0.7354(+20pips)[200USD/lot traded]
Trade closed: target reached
⋅ Final Target reached: 0.7370(+36pips)[360usd/lot]
Comment
⋅ Target1 brings 200usd/lot and Target2 brings 360usd/lot. Congrats to those who have engaged in the trade after analysing the trade.