FX:EURAUD   Euro / Australian Dollar
In the EURAUD chart , as can be seen, if the resistance is broken, the probability of forming an inverted head and shoulder pattern can be considered very high. In this case, we will enter the LONG position at the top of the resistance and place the stop loss below the drawn resistance area.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.