Head and shoulders EURAUD

FX:EURAUD   Euro / Australian Dollar
  • Chart pattern H&S
  • Pattern confirmed with a pullback at 38/50% correction of the previous impulse
  • Countertrend
  • Low Reward/Ratio
  • Sell at the current level.
*Personally, that you are in an uptrend, the objetive of the H&S is too aggresive, I prefer to put it above the uptrend.
Trade closed: stop reached: Sometines this happen.
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