Possible Inverse head & shoulders
The AUDUSD hasn't been producing many green candles lately..
If we get a bounce @ .70052 it may complete the ih&s.
Australia are in the middle of elections so i'm not thinking much support from the fundamental point of view but more from of a TA.
This is only my idea. Open to criticism or likes.
If we get a bounce @ .70052 it may complete the ih&s.
Australia are in the middle of elections so i'm not thinking much support from the fundamental point of view but more from of a TA.
This is only my idea. Open to criticism or likes.
Note
trade active.it completed a smaller right shoulder.
Note
Note
1st target reached.
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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.