AUD/NZD Expecting to move up
Updated
Yo traders,
Hope you all have a great week.
AUD/NZD has formed a lovely pattern on the 4H TF.
The chart shows an inverted head and shoulders pattern. Broke out from the neckline and now retested which is an established support.
Expecting the price to move up as price has shown rejection of the support.
Like, comment and support the idea.
Thanks
Madtradex
Hope you all have a great week.
AUD/NZD has formed a lovely pattern on the 4H TF.
The chart shows an inverted head and shoulders pattern. Broke out from the neckline and now retested which is an established support.
Expecting the price to move up as price has shown rejection of the support.
Like, comment and support the idea.
Thanks
Madtradex
Note
Trade has gone the other way and touched my SL.Sometime you got to take losses.
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.