one more head and shoulders pattern

hey traders,

audusd goes lower and again finds a decent level of structure to focus on.
as the market toucher this 0.708 zone, we see clear rsi divergence and market consolidation.

Formation of a head and shoulders pattern leaves us clues that with high probability we will
see a retracement up until the range of a pattern,

my initial target is bit lower that 0.715
and the second target is aorund 0.718

stop below head

good luck!

Yorum:

almost hit the first target

İşlem kapandı: hedefe ulaştı