AUD/USD H&S pattern Short

Australian Dollar/U.S. DollarFXCM

Description

⋅ Feb 24, 2019 12:45 PM

Possible head and shoulders pattern on AUD/USD 4-hour time frame.
It is a reversal pattern.
Target: distance from neckline to head which is around 200 pips.
If neckline is broken (around 0.705) target is around 0.68.
Trade Safe