AUDUSD Long Head and Shoulders trade

Updated
Beautiful Head and shoulders trade on it's way. If the retracement comes to the previous resistance (and now support level) a very nice opppertunity might occur. RSI perfect to start with so, we'll just wait for a entry signal in the 0.7230 region.

Happy trading this monday!
x
Trading Mom
Comment
Nicely on the 0.382 fib now.. waiting for the entry signal :-)
Trade active
finally got my entry signal on the 60 chart
Head and ShouldershsshoulderSupport and ResistanceTrend Analysis

Disclaimer