Get 50 pips with Head and Shoulder Pattern in AUDNZD

25 Kas 2020

Reasons for Open Position (OP) in AUD/NZD currency on Wednesday (25 November, 2020):

• The Head and Shoulder pattern is in effect as it awaits the level of: 105.00
  
• There is a Left Shoulder at the price level: 1.051
  
• And a Head is formed at the price level: 1.047
  
• For Open positions between price levels: 1.051 (recommended, not to float).
  
• For take profit (TP) at the price level: 1.056, middle 1.060 and as high as 106.8
  
• Regarding Stop loss at the price level: 1.047
  
  

Note to me: Every currency (like women) has a different technical (heart) and it is important for money management not more than 5% and Wednesday is the most suitable trading in AUDNZD currency (in view).

What do you think, my beloved friends?