OANDA:AUDNZD   Australian Dollar / New Zealand Dollar
M - market was in an uptrend then reversed and formed a head and shoulders pattern
A - the right shoulder and 38.2 Retracement
E - entry was late on the right shoulder but got in on better price
E - on the neck line for 1:2 gain
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.