RCP

EURAUD: Head & Shoulders setup (2 head is there as well)

Kort
FX:EURAUD   Euro / Australiensisk dollar
Here we have a potential Head & Shoulders setup with nice profits.

Look at RSI, its making lower highs, so bulls are weakening and its time for bears to go in action.
The green zone is potential profit zone, where I think price could consolidate for a while in this zone.

I want to mention that you should watch the price action carefully, however there is a potential double top formation as well.

Wish you a good trading day.

Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.