mohemati

#AUDUSD inverted Head & Shoulder pattern

Panjang
mohemati Telah dikemas kini   
FX:AUDUSD   Dolar Australia / Dolar A.S.
Not only price managed to break above long term bearish daily channel but also seems like price completed a reverse head & shoulder pattern by breaking above the neckline as you can see in the chart.

As a result we can expect to have a bullish continuation move at least towards the bearish trendline on red.

Pull back to the broken neckline would be most favorable setup to go long in this pair.

If you've found this analysis helpful, please take a moment to like, comment, or share your thoughts with me.
Dagangan aktif:
in a past few days price been consolidating in a corrective manner which suggest price could continue moving higher towards our target.
Komen:
This bearish move could be considered as a pullback towards the neckline of inverted head & shoulder pattern.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.