Euro / Australian Dollar

Long

Head and shoulders + structure

By VasilyTrader

Updated

snapshot

Market sentiment:

Market is standing on significant support
RSI oversold + divergence
Rejection candles
Inverse head and shoulders pattern formation

trading plan:

Buy the breakout of a neckline - 1.584 resistance

Targets:
T1 - 1.59
T2 - 1.56

Comment

Bounce from resistance

Order cancelled

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