The_Cannalyst

AUDUSD reached Target1 TP1

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
6
The Pair reached TP1, the min. target of the shs. Now target 2 @ 0,7 can be aimed.
former analysis:
The H&S is triggered. The neckline is based at the "2" - a break of it a nice 1-2-3 pattern (www.tradingview.com/...2-3-Trading-Pattern/) IMO a retest of the neckline should be exspected before the final "sell-off" comes.
A retest is typical for H&S and a good entry for shorts for those who have missed the train. :-) Perhaps this could be a nice example for a Ross Hook.
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