AUDUSD Cluster Chart 10-5-16
PA is currently in the process of trying to break through the H&S pattern and if we see PA drop to trigger the large sell cluster at .758, we could see the completion of the H&S pattern as price falls to take out the lower support clusters. Wait and make sure PA CLOSES below the green entry line before opening a trade.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.