FX:EURAUD   Euro / Australian Dollar
BROKEN OUT OF CONSOLIDATION AREA!
- STRONG 4 HOUR CLOSE ABOVE CONSOLIDATION AREA AND 1.64000 LEVEL
- HEAD AND SHOULDERS PATTERN MADE PRICE PUSH UP
- BREAK, RETEST AND ENTRY OFF 1.64000 LEVEL
Excellent!!! Loads of traders would have been influenced by what was an obvious zone of resistance to go short. But you very well spotted the consolidation reversal pattern on a coil spring waiting to bust north as it did. And now I want more good posts like this one! LOL. 😁😂
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rkarara Captain_Walker
@Captain_Walker, haha yes at first I just saw the resistance area. More shall be put up next week Captain! haha
All the best for next week!
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@rkarara, This is what I was tracking on EURAUD on 8H time frame.
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rkarara Captain_Walker
@Captain_Walker, yes, it seems it will go for another push up.
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