Head and shoulders EURAUD

Pros

• Chart pattern H&S
  
• Pattern confirmed with a pullback at 38/50% correction of the previous impulse
  

Cons

• Countertrend
  
• Low Reward/Ratio
  

Strategy

• Sell at the current level.
  

*Personally, that you are in an uptrend, the objetive of the H&S is too aggresive, I prefer to put it above the uptrend.

Trade closed: stop reached:

Sometines this happen.