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EURAUD: Follow the market
Euro / Australian Dollar
EURAUD: Follow the market
By RCP
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Updated
Jan 12, 2016
6
2
2
Jan 12, 2016
Look at the chart and it says everything.
1. There is a H & S pattern, neckline is broken.
2. ABCD pattern is on its way to finish.
Entry:
3. Go short on retest of the H & S neckline
4. Go long at the completion level of ABCD pattern
--
Avto_T
Financial Analyst
rcpforex.com
Jan 12, 2016
Trade active
Jan 13, 2016
Trade closed: target reached
Target was hit in 147 pips profit.
Jan 13, 2016
Note
Get involved in ABCD at the close level of previous trade.
Jan 14, 2016
Trade closed: target reached
AB=CD
buy
EURAUD
fibs
Head and Shoulders
LONG
neckline
resist
SELL
short
structure
support
RCP
Follow
Also on:
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by RCP
AUDUSD: Time to Rally
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