Daily Double Top + Hourly H&S Pattern - AUD/USD
Confluence Factors:
1. Double Top on Daily
2. Close below 50/60 EMA on Daily following a long-legged doji on 3/24/2015 via Daily Chart
3. Rejection of Key Weekly/Daily Resistance at .79000
4. Head & Shoulders Pattern on Hourly Chart
5. Trade is in agreement with overall Monthly/Weekly Bearish Trend
1. Double Top on Daily
2. Close below 50/60 EMA on Daily following a long-legged doji on 3/24/2015 via Daily Chart
3. Rejection of Key Weekly/Daily Resistance at .79000
4. Head & Shoulders Pattern on Hourly Chart
5. Trade is in agreement with overall Monthly/Weekly Bearish Trend
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