AUDUSD, reverse H&S neckline broken

21 thg 5, 2018

While the right shoulder turned into a double shoulder, the pattern broke the 38% fib level and the neckline of the pattern.
Could add to a position after breaking 50% fib level.

Happy Trading!

22 thg 5, 2018

Ghi chú

Perfect retest of the neckline and price continues up now. 200 SMA on a 4 hour chart is the first obstacle in the way.