AUDUSD
Short Setup
Classic head and shoulder pattern
A short entry at the trendline or zone after a pullback is more favourable.
After a year's long of impulse movement upwards (Mar'20 - Mar'21). Now it seems like price is finally making a significant correction down. hence the said pattern is forming
Short Setup
Classic head and shoulder pattern
A short entry at the trendline or zone after a pullback is more favourable.
After a year's long of impulse movement upwards (Mar'20 - Mar'21). Now it seems like price is finally making a significant correction down. hence the said pattern is forming