AUDUSD has completed what looks to be a Breakout and, just this morning, a Retest of the Breakout of the Inverse Head and Shoulders Pattern!An Inverse Head and Shoulders Pattern is a Bullish Reversal Pattern that suggest Bulls have taken over the pair and price will be looking to move to the upside.
Now as long as the "Neckline" of Resistance of the Pattern remains strong and holds price as Support, we could see
AUDUSD make a move up to the next Resistance Area!
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Keep It Current,
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~~~~
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- No signal selling / - No Guru Hype
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Related publications
Disclaimer
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For All Things Currency,
Keep It Current,
With Novi Fibonacci!
~~~~
Join me in Patterns To Profits on Discord
- Live pattern breakdowns
- No signal selling / - No Guru Hype
- Just structure and probability
- discord.gg/zKWvwJgFq
Keep It Current,
With Novi Fibonacci!
~~~~
Join me in Patterns To Profits on Discord
- Live pattern breakdowns
- No signal selling / - No Guru Hype
- Just structure and probability
- discord.gg/zKWvwJgFq
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.