Here is the 4-hour chart of AUDUSD. Just like last week, everybody was watching/talking about the daily pin bar, now we are presented with a obvious Head and Shoulder formation� in H4 chart.� I like the fact that 1.04 support is now broken, I am looking at further downside.
Here is the …. CHART.
AUDUSD H4 Pontential Head and shoulder formation
Here is what I see in $EURGBP. I am looking at the potential head and shoulder formation. Let’s see how it works out.
[tab: Setup]
Here is the CHART! (click on the chart to magnify)
$EURGBP Head & Shoulder
[tab: Update]
EURGBP did not follow through, and it failed to reach the level to form H&S. No trade was taken.
EURBGP update
Here is the 240-min chart of USDJPY that I am looking at. Do you see the pattern here?
Here is the chart.
USDJPY Head and Shoulder
Professional Charting Platform
Price Action Course for Professionals