Valesco_Trading_Group

#EURAUD Head and shoulder speculation

Short
FX:EURAUD   Euro / Australian Dollar
Hello fellow traders and investors,

Excuse us for posting this too late, we've been entering the short from the top already. This charts has been shared earlier in our free Telegram channel. The pattern still remains valid, we think the neckline will be tested before any further movements will be seen.

I case the right shoulder fails we will anticipate on a double top for this pair.

Good luck and don't forget to give us a thumb if you like our analysis! If you have any questions or want us to analyse a specific pair, feel free to contact us. You can find our contact details in the signature.

Regards, ValescoTradingGroup
Comment:
This is what we like to see to confirm our thesis:

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