AUDCAD: Inverted head & shoulders.

An inverted head & shoulders pattern has just completed on the 4 hour timeframe.

The neckline is also a level of structure on the daily timeframe having previously been tested as resistance and support.

Trade with caution as the daily timeframe has shown signs of indecision.

YEARN-FOREX
Head and ShouldersMultiple Time Frame AnalysisSupport and Resistance

Disclaimer