AlkalineFX

EURAUD: Head & Shoulders Monster!!!

Short
FX:EURAUD   Euro / Australian Dollar
WOW! Look at the size of that head and shoulders pattern.

Retail traders will be all over this! This calls for caution.

I won't be trading this method how retail trade it, I will be waiting for the manipulation to occur before I introduce my sell positions.

Selling the breakout could be catastrophic because we have an order block resting below the region.

Will you be trading the retail method or the smart money method?

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Keep in mind that the analysis provided is not 100% accurate and that you can never be certain of the markets. This information given is not financial advice, always do your own research.

Thank you for reading,

Cheers to many pips!

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