AUDUSD - How Would You Trade This

FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD             just put in a nice head an shoulders pattern. How would you trade this? Short now? Wait for a break of the neckline? Look for a retest of the right shoulder?

Tell me your thoughts.
Twitter: https://twitter.com/Jason_Stapleton
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there's the call sign bullish to 0.94
hello jason (and good morning)
i thought it's false reply from me ,your question is how would you trade this,
Maybe its better first to retest the right shoulder.
wait this one out see where the next high or low resides on re test it's not such a clean cut HS i'd be more inclined to buy this right now.

First, the price action short (break through) happen on 3 july is heavy and now is back to the level to retest and got rejected confirming the level is solid. So, if you were to trade this, lets start to build the case to entry.

There are 2 advance pattern forming in the process, which is cypher and bat pattern, together with an ABCD at the CD leg.
Risk reward at this price (0.9397) is about 1:1.56, which is not so good for me. So, I will enter the trade if the price retrace close to 0.9420 (R:R 1:3.7) to SHORT.
If the price not reach, then I will pass on this trade and wait for the pattern to complete, then will see.

good luck!!
Wait for it to come back and retest the 9397 mark then get involved with the short...(may not happen)
Giving tight stops with the highest risk vs reward ;)
go down 1 timeframe and count the legs and look/wait for failure.
wait for the break of the neckline, stop above 0.9493 and first target at 0.9210, there is a negative risk/reward ratio. I dont take that kind of risk, personally.
Well done Jason! I would prefer to short at this level because the resistance level seems very strong and candles are also in favor of shorting.
hello jason
it looks like sort aprox 093750-or 093680
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