AUD/USD H&S pattern
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
Ramzi Abou Abdallah, CFTe, CMT
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