akizaku

Head and Shoulder Pattern in AUD/NZD

Long
OANDA:AUDNZD   Australian Dollar / New Zealand Dollar
Hello, dear All Members Trading View,

We give good news to you...

Reasons for Open Position (OP) in AUD / NZD currency on Thursday (9 Nov, 2020):

  • The Head and Shoulder pattern is valid because it touched the price level: 1.069
  • There is a Left Shoulder at the price level: 1.073
  • And formed Head at the price level: 1.076
  • To open a position between price levels: 1.073 - 1.0735 (recommended, so as not to float).
  • For take profit (TP) at the price level: 1.068 and the highest is 1.066
  • Regarding Stop loss at the price level: 1.077


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