EURAUD: Completed Head & Shoulder pattern
1.Price completed a H&S pattern
2.Price tested neckline with a big bearish engulf candle.
3. Second test was 200 EMA with another 240 min bearish pinbar candle with long shadow.
4. Growing momentum to downside
(Green boxes are strong support zones)
Good Luck!
2.Price tested neckline with a big bearish engulf candle.
3. Second test was 200 EMA with another 240 min bearish pinbar candle with long shadow.
4. Growing momentum to downside
(Green boxes are strong support zones)
Good Luck!
Comment:
60 min chart and with resistance trend line.
Comment:
First zone reached +85 pips
Comment:
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