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Mentors2u

EURAUD - Bearish Head and Shoulders

Short
Euro / Australian Dollar (FX:EURAUD)  
Mentors2u  
FX:EURAUD   Euro / Australian Dollar
Trend Analysis Harmonic Patterns Chart Patterns EURAUD short head_and_shoulder EUR aussie
1
0
trendanalysis harmonicpatterns chartpattern euraud short head_and_shoulder eur aussie
Bearish Head & Shoulders on the EURAUD pair.

You can sell on a market order.

Stop Loss above the head of the pattern with a few pips to spare in case of volatility.

Take profit 1 at the AB=CD formed by the head, neckline, right shoulder and take profit 1 target.

Take Profit 2 is the height of the pattern extended downward from the neckline.

Good luck!

Feel free to comment your analysis and ask questions.



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