AUDJPY Inverted head and shoulders 40 pips
Price has recently formed an inverted head and shoulders, indicating a move to the upside. If price reaches resistance of the channel, I expect it to break through and reach its nearest resistance for a tp of 40 pips. Price could also bounce off support before rising to resistance as well.
Please do not take this as professional advice. Trade this idea at your own risk :)
Good luck if you decide to trade this idea
Please do not take this as professional advice. Trade this idea at your own risk :)
Good luck if you decide to trade this idea
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