Euro / Australian Dollar
Long
Updated

Head and shoulders + structure

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
Note
Bounce from resistance
Order cancelled

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