it takes short but we have to waiting to complete the pattern (double top) risk : reward = (1:7) (time = 2 weeks)
AUDCAD make a head and shoulder pattern. this pattern just is a method to know how the market work based on price action. it going on weak higher high (head) on triple rejection (makes subbly zone) so we can take short or waiting to complete the pattern (on entery 2) then enter. (entery = 0.95200) (stop loss = 0.95500 ) (target = 0.93200) (time = 2...
always dont forget the power of Head & shoulder its coming to subbly zone on right shoulder so we can take short you can take 1:5 risk to reward on this situatuin (entery = 1.3187) (target = 1.29600)
AUDUSD falling to demand zone but its take more than a week (about 4 weeks) (target=0.71000)
EURGBP WILL rising up becuse of its head and shoulder and subbly zone target 1 about 0.8967 target 2 0.90100 OANDA:EURGBP