Rinehart

EURAUD - Inv H&S forming

Long
Rinehart Updated   
FX:EURAUD   Euro / Australian Dollar
1
EURAUD appears to be printing the right shoulder of an inverse H*S. A 38 - 50% fib pullback of today's outside bar would be an ideal entry long.
Trade active:
Strong close past the neckline and closing past recent overhead resistance increases the likelihood of this trade working.
Trade closed manually:
With the strong outside bar on daily, it's time to either take profits or move SL below the daily bar.
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