majorlee

[AUD/USD] Inverse H&S Long Swing Trade [BTFD-VIP]

Lång
majorlee Uppdaterad   
FX_IDC:AUDUSD   Australiensisk dollar/USA-dollar
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HOW TO TRADE THIS CHART?

First like/thumbs up the chart then read below.....








The AUD/USD pair is in our sights today, an inverse Head and Shoulders pattern is emerging and with the weaker DXY the AUD is taking advantage by showing some stregth this week after its been hammered throughout 2018 to yearly lows in that descending channel shown





Entry 0.7150

Targets 0.7400, 0.7820, 0.8080

Stop Loss 0.70150


this will be a mid term trade which could last into May 2019


use no more than 2% of your total account









disclaimer: this is for entertainment purposes only and not be considered trade advice
Trade stängt: Stopp nått:

price came down under the left shoulder, pattern invalidated

DXY strength pushing USD against other especially weaker pairs such as AUD

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