Dynamic-Dani

AUDUSD: Inverted Head & Shoulder at a Major QP

Long
FX:AUDUSD   Dollar Australien/Dollar Américain
I was waiting to see how price would react to the major quarter point (MQP) 70.00, waiting for BOB, break or bounce. My initial bias was bearish but buyers had something else in mind.

Multiple rejections at the MQP (that would've been your sniper entry)
Neckline break
Descending TL break which has a SQP confluence 0.7125

If 0.7125 acts as new support, TP Target would be the next LQP 0.7250

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.