Euro / Australian Dollar
Short
Updated

HEAD AND SHOULDERS PATTERN POSITION

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I take my position when the price break the neckline of the pattern with my stop loss at the right shoulder and my take profit is a little bit higher than the difference between the head and neckline reported to the level of the breakout of the neckline ( I hope it makes sense haha).

Moreover, the anticipated difference stops at the support.
Trade closed: stop reached
DIDN'T GO AS PLANNED, stop loss hit

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