Hey guys, alot of currency pairs are trending heavily.
This week I cannot find enough Harmonic pattern setups to share.
However, I might consider this AUDCHF HNS setup on the h1 chart.
Pattern Identification
Head and shoulders with a potential buy at right shoulder at 0.74.
Trade Execution
I will wait for a green candle with nice body to form near 0.74 before I go long.
If price goes straight up to 0.747 next week, this pattern will no longer be valid.
EP: 0.74
SL: 0.7370 (30)
TP: 0.7470 (70)
This week I cannot find enough Harmonic pattern setups to share.
However, I might consider this AUDCHF HNS setup on the h1 chart.
Pattern Identification
Head and shoulders with a potential buy at right shoulder at 0.74.
Trade Execution
I will wait for a green candle with nice body to form near 0.74 before I go long.
If price goes straight up to 0.747 next week, this pattern will no longer be valid.
EP: 0.74
SL: 0.7370 (30)
TP: 0.7470 (70)