EURAUD Reversed From .5 Fib Retracement, Possible H&S Formation
EURAUD has reversed off of the 50% fib retracement and a head and shoulders pattern is nearing completion.
My initial target will be the most recent level of support with a stop above the right shoulder.
My initial target will be the most recent level of support with a stop above the right shoulder.
Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.