AUD/USD / Shoulder, Head, Shoulder Probably Pattern Short

Australian Dollar/U.S. DollarFXCM

Description

⋅ Jul 5, 2016 2:29 AM

AUD/USD , Daily Chart. RSI (9,close), EMA (21, RSI).
Shoulder, Head, Shoulder Probably Pattern.

Entering zone 0.74930.
Risk Reward Ratio: 3.25

⋅ Jul 5, 2016 2:06 PM

the second shoulder is forming, the target area of @0.73500 / @0.73600. Now the trend is bearish... Any comment is appreciated.

⋅ Jul 11, 2016 9:22 PM

i close this trade @0.74100 first TP reached.

Comments

LucaMoretto

⋅ Jul 5, 2016 2:05 PM

the second shoulder is forming, the target area of @0.73500 / @0.73600. Now the trend is bearish... Any comment is appreciated.