AUD/USD SHORT WIN TRADE

Market Distribution:

The market created a head and shoulder pattern after a strong rally upward.

I saw a bearish engulfing on right shoulder on the 4 hrs time frame and took my
entry.

Stop lose on top of the high of the candle and entry on the low of the candle.
( As price tends to hit the low of the engulfing candle or 50%. )

Target:
The length of the head and the shoulder is the target that the price will reach and that was
perfect because there is a zone there for extra confirmation.

Good win trade.