AUDUSD formed a perfect head and shoulders pattern which is a reversal pattern so i am expecting this pair to continue moving lower. I will sell after neckline breaks with 0.75 as my main profit target.
Trade closed: target reached
Went just as i expected with retest of the head and shoulders neckline break and went very close to my 0.75 target. Lets see if it breaks channel for a chance up now. Note
And up it went 
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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.