jackjamesholmes
Short

EURAUD Head and shoulders forming

FX:EURAUD   Euro / Australian Dollar
Simple head and shoulders play - worth noting that Euro             looks very weak against USD since NFP and the level of bullish commitment on the Euro             provides a lot of potential to unwind. Without worrying too much about fundamentals, though, this pattern looks to be setting up nicely. Wait for the neckline to break!
Comment: The head and shoulders pattern has repeated itself, and looks like a double top on the higher timeframes. Still looking for a proper break but I think this short could still work out
@dawid2830, not 100% sure what you're getting at?
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