FX:AUDUSD Australian Dollar/U.S. Dollar
Price is in a consolidation heading down where will soon reach a key level and complete a reverse head & shoulder pattern. We may enter at the level of previous shoulder for a much better risk/reward trade or wait for price to reverse and break the neckline of the pattern.
Comment: Breakout of trendline and retest..
Comment: Beautiful up move with more than 300 pips gain. I exit this one as i believe we will soon have a reversal. I posted a new idea on this market..