MWFX

Descending Channel with a Head & Shoulder Pattern

Short
FX:EURAUD   Euro / Australian Dollar
Price is slowly moving toward the Right Shoulder of the Head & Shoulder Pattern and its right at the Descending trend line.
If it touches the Trend line ill be Shorting this pair and taking it as a swing trade.
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.