AUDUSD
Short Setup
Classic head and shoulder pattern
A short entry at the trendline or zone after a pullback is more favourable.
After a year's long of impulse movement upwards (Mar'20 - Mar'21). Now it seems like price is finally making a significant correction down. hence the said pattern is forming
Short Setup
Classic head and shoulder pattern
A short entry at the trendline or zone after a pullback is more favourable.
After a year's long of impulse movement upwards (Mar'20 - Mar'21). Now it seems like price is finally making a significant correction down. hence the said pattern is forming
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.