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rv
Mar 9, 2015 11:09 AM

AUDUSD(H2). Downtrend Continuation potential. Short

Australian Dollar/U.S. DollarFXCM

Description

Complex Head and Shoulders potential pattern. Range Geometry.
After an AB=CD retracement close to neckline, horizontal resistance, 61.8%, price maybe ready for downtrend continuation.
RSI geometry at resistance.
Comments
riskmode
Why did you decide to put your SL where you did? Seems kind of randomly placed
rv
above 50%, 50 sma, horizontal resistance, pattern Neckline.
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