Australian Dollar / U.S. Dollar
Long
Updated

Inverted H&S on AUDUSD. Looks nice.

I am going to try a trade of H&S pattern. Be careful and use a strong Risk management approach.
Trade active
Note
looks good
Trade active
Trade active
Order cancelled
Trade active
Superb dynamics.
Note
Be prepared for a possible pause in a rise or a decline maybe. Look at my last setup:
Will USDAUD touch 200SMA or fall from a current?
Order cancelled
poor dynamics on it.
Trade active
Trade active
Here we are at last
Order cancelled
The dangerous asset. A rigorous risk management is mandatory.

Disclaimer