FX:AUDUSD   Australian Dollar/U.S. Dollar
Double bottom on the daily.
On the 4 hour i see a reverse head and shoulders forming due to the strong rejection of the double bottom with a strong bullish candles.
Expecting a right shoulder and then a retest of the neckline.
Break would lead us to a another test of the 73.75 level
Risk Reward 1:43

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Pjorge89
Bearish on DXY
Pjorge89 about DXY 10 months ago
Piet.Hein
10 months ago
Nice analysis, good luck :) My view is different but every analysis is valid on forex, Im bearish on this pair.
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Pjorge89 Piet.Hein
10 months ago
thank you
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Piet.Hein Pjorge89
10 months ago
Congrats, your trade is very good at the moment!
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amit.fx PRO
10 months ago
im also bearish
snapshot
Reply
Pjorge89
10 months ago
:)
Reply
amit.fx PRO Pjorge89
10 months ago
Hahaha
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