Head And Shoulders Forming On 4HR AUD/USD
So first of all, Happy New Year to all you traders, I wish you all, all the best for this new year.
Straight in at the thick of it here with a possible Head & Shoulders forming on AUD/USD.
For me personally i'm waiting for the pattern to be confirmed at around the 0.685 level and for my "technical's" to confirm the short trade before I enter, but if you only use patterns this maybe a good set up for you!
If I do enter this trade, it will be entered with a short in mind and I will be looking to take profit at around the 0.6810-0.6800 level as this shows a strong history of support and resistance to warrant placing my Take Profit around that level.
Straight in at the thick of it here with a possible Head & Shoulders forming on AUD/USD.
For me personally i'm waiting for the pattern to be confirmed at around the 0.685 level and for my "technical's" to confirm the short trade before I enter, but if you only use patterns this maybe a good set up for you!
If I do enter this trade, it will be entered with a short in mind and I will be looking to take profit at around the 0.6810-0.6800 level as this shows a strong history of support and resistance to warrant placing my Take Profit around that level.
تم فتح الصفقة
Trading is now active and I have set my Take Profit at the 0.6813 area.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.