EURAUD H&S Sell bias
Confluences
- Price has had an impulsive move to the downside breaking through a double bottom and a psychological level of 1.6 which has previously been well respected
- Head and shoulders pattern where we have now broken through the neckline
- Previous strong bearish weekly and monthly candles so we are aware that sellers are in control on the higher timeframes
- On the weekly timeframe looks like one large head and shoulders pattern
- Price has had an impulsive move to the downside breaking through a double bottom and a psychological level of 1.6 which has previously been well respected
- Head and shoulders pattern where we have now broken through the neckline
- Previous strong bearish weekly and monthly candles so we are aware that sellers are in control on the higher timeframes
- On the weekly timeframe looks like one large head and shoulders pattern
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.
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.