AUDUSD formed a perfect head and shoulders pattern which is a reversal pattern so i am expecting this pair to continue moving lower. I will sell after neckline breaks with 0.75 as my main profit target.
Trade closed: target reached:
Went just as i expected with retest of the head and shoulders neckline break and went very close to my 0.75 target. Lets see if it breaks channel for a chance up now.