hamzainstaforex786

Head and Shoulders pattern on AUDUSD.

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
A Reversal head and shoulders pattern is formed on H4TF at the very top of Uptrend. On weekly basis, A retracement is also in move. Currently a Build-up is also in form and the price may break lower soon and we can see a new trend on daily-basis. Keep a sharp eye on price. AUDUSD
Trade active:
A Double Top formed on Buildup. Entry taken at 0.7654.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.