EUR/AUD Testing resistance, looking for right shoulder

Price is testing resistance level now, however price is extended on the 4h

Looking for a pullback to form the right shoulder of the inverted head and shoulders pattern.

Weekly is in and uptrend with the daily looking to break the anchor from its downtrend.

Looking to enter trade on the break of the resistance level (blue line), looking to see and ABC pull back before breaking resistance.

Operación activa:

Pullback as expected and then broke up past resistance

Comentarios:

Target has already been reached

Operación cerrada: objetivo alcanzado:

Trade complete, broke through the resistance level up to the daily support level.

Great Trade