head and shoulders and structure on euro aud

hey traders,

on euro aud on 4h chart we see a retest of a recently broken structure.
as the market reached this level of resistance, we see a formation of a head and shoulders pattern
with a violated trendline.

now we see a retest of the neckline,
for us, it is a perfect opportunity to sell the market,
anticipating the retest of the low.

good luck!

Kommentar:

going down

Kommentar:

one more retest

Kommentar:

Consolidation and formation of a bear flag