Following up from my previous post for EUR/AUD (chart is shown below), price has now formed a valid inverted head and shoulders pattern on the 4h chart.
I have just recently closed my long position until I see clear confirmation on market direction, as price is now sitting on a major resistance level.
Keep an eye on this setup over the next week!
I have just recently closed my long position until I see clear confirmation on market direction, as price is now sitting on a major resistance level.
Keep an eye on this setup over the next week!
📈 Master the Art and Science of Trading: www.sixfigurecapital.com
