hey traders,
on euro aud on 4h chart we see a retest of a recently broken structure.
as the market reached this level of resistance, we see a formation of a head and shoulders pattern
with a violated trendline.
now we see a retest of the neckline,
for us, it is a perfect opportunity to sell the market,
anticipating the retest of the low.
good luck!
Note
going downNote
one more retestNote
Consolidation and formation of a bear flag
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✅Join My Telegram Channel: t.me/VasilyTrading
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✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
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⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Related publications
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.