audusd - be on your toes, page-16

  1. 4,235 Posts.
    lightbulb Created with Sketch. 911
    Guys, one of the best threads on HC IMO

    Lighthouse, your H&S analysis v interesting. I always think of H&S as a trend reversal pattern; the stronger the prevailing trend the more reliable the signal. Whereas yours are sort of just "there" & not necessarily signaling the end of trends. Any thoughts on that? )They are an interesting pattern IMO & when spotted once & you get your eye in the right space they seem to jump out at you from all angles!)

    A chart In put on w/end charting showing longer term & some fibs;

    $A01

    Next a close up tieing some of the analysis here together with the way I see things ST. As stated on chart seems a classic "trade the break of the line"?

    aus04

    Any thoughts?
    g
 
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