Av3rn
Short

EUR/AUD // HEAD AND SHOULDERS PATTERN

OANDA:EURAUD   Euro / Australian Dollar
1. Head and Shoulders pattern forming on daily chart
2. Price rejecting common point on 4hr chart
3. Moving average crossover on 4hr chart
4. Inside bar formed on daily chart
5. Price retesting previous support on hourly chart

Enough confirmation for a SELL trade

SAFE TRADE:

SELL @ 1.61190
SL @ 1.62000
TP @ 1.61200

PATIENT TRADE

SELL @ 1.61190
SL @ 1.62500
TP @ 1.57000
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