The Aud/Usd pair brake of the 200sma and 800sma 8h chart SurpriseBox update. The brake formed a head and shoulders pattern. Shorted the pair at 1.0070. Target was 0.9500 corresponding to a recent low but "chickened out" after more of a third of the move. Price is consolidating just below the 1.61 Fibonacci extension. Did get a nice profit of (300 pips).Disclaimer: I trade the patterns depicted either at the entry point stated (e.g. trading channel, breakouts) or afterward. Although my trades are based on technical analysis, trading forex is a risky activity and may produce significant monetary loss. I only make public the trades that I am considering to make, or made and the rational for them. Not intended necessarily as trading recommendations. By SurpriseTrade@gmail.com
The Aud/Usd pair brake of the 200sma and 800sma 8h chart SurpriseBox update. The brake formed a head and shoulders pattern. Shorted the pair at 1.0070. Target is 0.9500 corresponding to a recent low. The stop will be 1.0200 or 1.0350.Disclaimer: I trade the patterns depicted either at the entry point stated (e.g. trading channel, breakouts) or afterward. Although my trades are based on technical analysis, trading forex is a risky activity and may produce significant monetary loss. I only make public the trades that I am considering to make, or made and the rational for them. Not intended necessarily as trading recommendations. By SurpriseTrade@gmail.com
The Aud/Usd pair had made a brake of the 200sma and 800sma 8h chart SurpriseBox. The brake formed a head and shoulders pattern. Shorted the pair at 1.0070. Target is 0.9500 corresponding to a recent low. The stop will be 1.0200 or 1.0350.Disclaimer: I trade the patterns depicted either at the entry point stated (e.g. trading channel, breakouts) or afterward. Although my trades are based on technical analysis, trading forex is a risky activity and may produce significant monetary loss. I only make public the trades that I am considering to make, or made and the rational for them. Not intended necessarily as trading recommendations. By SurpriseTrade@gmail.com
Disclaimer: I trade the patterns depicted either at the entry point stated (e.g. trading channel, breakouts) or afterward. Although my trades are based on technical analysis, trading forex is a risky activity and may produce significant monetary loss. I only make public the trades that I am considering to make, or made and the rational for them. Not intended necessarily as trading recommendations. By SurpriseTrade@gmail.com
