EURAUD Head & Shoulders Completion To Drop Price Lower
Not a crystal clear, but price has formed a head and shoulders pattern, and it's now heading sharply towards the neckline of the pattern. We should watch for a breakout below the line, and depending on our strategy wait for any sell setup to complete.
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Price is in a consolidation, testing the neckline of the pattern. A breakout below this structure signals a sell setup
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Press "play" at the main chart to see the structure live
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Price broke below the corrective structure
