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dutchtrader

AUDUSD H&S

Australian Dollar / U.S. Dollar (FX:AUDUSD)  
dutchtrader  
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis AUDUSD short
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trendanalysis audusd short
HS formed on h1 AUDUSD TP around 161.8 fib extension ( blue extension

so, reasons to short:

61.8 fib rejection on daily
Headed to completed H&S pattern
Rejection of previous monthly high
200 ma above price, price retested, failed.
Hit resistance level

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