head and shoulders pattern on overbought market

4 февр. 2019 г.

Good morning, traders.

on audusd pair we have nice head and shoulders pattern in a clearly overbought market.
Just couple of hours ago the market has violated the neckline.
It gives us an opportunity to sell the market anticipating a bearish movement.

Targets are based on structure.
Stop is above head.

Good luck!

4 февр. 2019 г.

Заметка

one more retest of neckline

5 февр. 2019 г.

Заметка

Bounce from 0.72

5 февр. 2019 г.

Заметка

again the market is below the neckline

6 февр. 2019 г.

Заметка

hit the initial target

8 февр. 2019 г.

Сделка закрыта: достигнута тейк-профит цена