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alex.ofx
Feb 4, 2016 7:45 PM

EURAUD INVERSE HEAD AND SHOULDERS LONG BUY! Long

Euro Fx/Australian DollarFXCM

Description

Hi guys,

EURAUD seems to be showing an inverse H&S pattern, might be a good one to catch.
Currently 4H candle is very bullish so i will wait for some consolidation for a buy entry.

Becareful on this one as EUR has been rising a lot this week, a wait for a pull back at the neckline for a buy will be the most ideal. Targer will be structure high of around 1.6xx

Comment

TP1 Hit, TP2 looking good at the moment

Trade closed: target reached

Both TP hit target (: nice 400+ pips
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