SantanderCapital
Short

AUD/USD The Right Shoulder

FX:AUDUSD   Australian Dollar / U.S. Dollar
76 0 2
Chart: 4HR Time Frame
Market: Bullish (4HR to Weekly)

1. Triple top on daily chart
2. Short term trendline support break
3. Double top candle stick pattern on the right shoulder of H & S pattern + high test candle
4. Head and shoulders pattern
5. Daily price action rejecting weekly & monthly dynamic trendline resistance (Above the H&S pattern)

Note: An ideal short with an exit target @ the H&S neckline, however this pair does have the potential
to move further to the downside and will likely see price move to 0.75500.
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out