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EWA - head and shoulders

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iShares MSCI Australia Index Fund (AMEX:EWA)  
vf_investment  
AMEX:EWA   iShares MSCI Australia Index Fund
Trend Analysis Harmonic Patterns Chart Patterns EWA ewanalysis tradingideas
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trendanalysis harmonicpatterns chartpattern ewa ewanalysis tradingideas
On this chart we can see head and shoulders, which is a bearish pattern.

Take the short position once the breakout of the neckline occurs.

Stop loss should be set above the right shoulder.

Target is shown on the chart.
💥 Free signals and ideas ➡ t.me/vfinvestment

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