We nearly reached the former neckline - this is definetly an Action Point where a decision has to be made! If audchf could recapture this Level (~0.735) a move up to 0.74 / 0.746 is possible. If this Level will be sold again, the bottom of the big downtrend can be aimed again. Prices below the right shoulder are deep bearish.
Missed the BO? Trying to catch the possible Ross Hook!
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reached TP1 Min TP H&S
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here we go!
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TP2, max TP H&S reached -cheers!
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kissed Resistance (action point)
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have we seen the top? or will the consolidation go on a bit further?
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