AUD/USD 30-Minute Inverted Head and Shoulders May have Some upside- Target...
Originally Posted by josh.steele119
Here is how they lined up through the different times. I'm going to go ahead and stay in this trade until the 104 Level its the end of the week and what better trade to be in that long AUD/USD 4% or so roll over. I placed my stop under the first 15min bullish SAR.
Classic Inverted head and shoulders pattern indicates we could retrace to about the 1.0374 area before heading lower.
This confirms what your indicators are saying about the Aussie!
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[QUOTE=simbasimba;1120720]Guys, any idea what will AUD/JPY like... Bear or bull??[/QUOTE
AUD/JPY looks like a good selling opportunity to me as the resistance has been tested at 84.747 and hopefully will bounce and continue back down to 84.100. Thats my thorts but guess but im a very new trader.
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