AudNzd Potential weekly inverse head and shoulder + ABCD pattern
The pair could possibly be reversing on the higher timeframes.
April lows prints a potential head, and January 2014 + September 2015 lows printing the shoulders.
Notice that the right shoulder is 61.8% of AB and projecting a move up to the 1.618% ext from AB.
April lows prints a potential head, and January 2014 + September 2015 lows printing the shoulders.
Notice that the right shoulder is 61.8% of AB and projecting a move up to the 1.618% ext from AB.