Possible head and shoulders pattern on AUD/USD 4-hour time frame.
It is a reversal pattern.
Target: distance from neckline to head which is around 200 pips.
If neckline is broken (around 0.705) target is around 0.68.
Trade Safe
It is a reversal pattern.
Target: distance from neckline to head which is around 200 pips.
If neckline is broken (around 0.705) target is around 0.68.
Trade Safe
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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.
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.