AUDNZD HEAD AND SHOULDERS| POTENTIAL STRUCTURE SHORT

Another shot at shorting the pair this week. The previous breakout was a false one. Yet, the pair did not have the strength to go much higher when being put back above the level. And the level is being tested again.

I say, that there is a good chance of a successful short if the breakout is confirmed this time.
Also, there is a head and shoulders pattern visible here.

So, wait for the breakout. If it happens make sure it is a confirmed one.Short after the retracement.

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Wish you all the best of luck in your trading.

Yorum:

Target 1 reached!

Yorum:

Target 2 reached!