Audusd
Head and shoulder
Left shoulder: Price rise followed by a price peak, followed by a decline
Head: Price rises again forming a higher peak
Right shoulder: A decline occurs once again followed by a rise to form the right peak which is lower than the head
Left shoulder: Price rise followed by a price peak, followed by a decline
Head: Price rises again forming a higher peak
Right shoulder: A decline occurs once again followed by a rise to form the right peak which is lower than the head
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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.