EURAUD Short H&S Pattern
Updated
Head and Shoulders pattern has been created on daily and 2hr Sell bottom of projected move. Daily is has rejected 1.6040 area and has turned it into resistance, looking for short term target on the 2hr to 1.5840 (Daily D ext). This
is a retracement move to the long term Daily .618 upward trend. Use trail stop and protect profits Stop should be able 1.6040.
If you agree PUNCH the LIKE button and UPPERCUT to FOLLOW button. Here at Carter Kyle Capital we are the Fighters of Financial Freedom helping 1 trader at a time.
What are YOU fighting for? bit.ly/carterkylecapyoutube
Trading FOREX on margin carries a high level of risk, and may not be suitable for everyone. Past performance is not indicative of future results. Carter Kyle Capital will not accept liability for any loss or damage directly or indirectly from reliance of information.
is a retracement move to the long term Daily .618 upward trend. Use trail stop and protect profits Stop should be able 1.6040.
If you agree PUNCH the LIKE button and UPPERCUT to FOLLOW button. Here at Carter Kyle Capital we are the Fighters of Financial Freedom helping 1 trader at a time.
What are YOU fighting for? bit.ly/carterkylecapyoutube
Trading FOREX on margin carries a high level of risk, and may not be suitable for everyone. Past performance is not indicative of future results. Carter Kyle Capital will not accept liability for any loss or damage directly or indirectly from reliance of information.
Trade active
If you were able to get into the 1st move of this position lock in your profit
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.