AUDNZD pair completed an inverted head and shoulders' pattern by breaching its neckline at 1.0735, with four hours close above it that confirmed the activation of this pattern, waiting for the full target around 1.0950.
Risk limit below 1.0620
Comments
kaloeg
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ok good luck
FXHighway
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Thank you
kaloeg
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as i know head and shoulders & inverted head and shoulders are reversal patterns
FXHighway
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Yes, as in all theories ,, but for me , the patterns are considered whether reversal or continuation .. especially when I'm studying intraday moves .. I take my targets and close the case :)