AUDUSD (LONG) Potential Inverse H&S
AUDUSD on 1hr chart Looks like a right shoulder being formed
As I see this, it’s possible inverse H&S pattern for a potential further upside.
The first test for the buyers is this neckline at 0.779 which they have already tested. If they manage A breakout could pave and confirm the way for an inverse H&S pattern.
Good luck.
As I see this, it’s possible inverse H&S pattern for a potential further upside.
The first test for the buyers is this neckline at 0.779 which they have already tested. If they manage A breakout could pave and confirm the way for an inverse H&S pattern.
Good luck.
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.