PAGuy
Long

Long Setup - Inverse Head and Shoulders

FX:EURAUD   Euro Fx/Australian Dollar
97 10 0
Inverse head and shoulders , PA forming at shoulder line, taking the trade if the high is broken.
Eurusd is short setup
Impossible euraus long
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has to be short
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PAGuy vaicru
Ok :)
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PAGuy vaicru
Woops....
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Unless it is starting a new impulse wave up, it is trending nowhere. True bears are gone: now either bulls or balance (which is a trading range between 1.50 and 1.53).
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PAGuy ForceFollower
In my opinion, waves are pointless, most of the time, they are wrong... Price action is right, its just trading it from the right spot. In this case, the market structure it telling me long... we will see soon enough :)
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eur/aud is forming a head and shoulder pattern in the daily time frame .i am waiting for the second shoulder to form correct me if i am wrong guys :)
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PAGuy aimen.abbasi.16
You are spot on.
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no h&s
and now down
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Congratulations! Your idea has worked nicely.
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