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Madtradex

AUD/NZD Expecting to move up

Long
Australian Dollar / New Zealand Dollar (FX:AUDNZD)  
Madtradex Updated   
FX:AUDNZD   Australian Dollar / New Zealand Dollar
Trend Analysis Chart Patterns Head and Shoulders Inverse Head and Shoulders Forex forexsignals forextrading forexanalysis forexforecast LONG
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trendanalysis chartpattern headandshoulders inverseheadandshoulders forex forexsignals forextrading forexanalysis forexforecast long
Yo traders,

Hope you all have a great week.

AUD/NZD has formed a lovely pattern on the 4H TF.

The chart shows an inverted head and shoulders pattern. Broke out from the neckline and now retested which is an established support.

Expecting the price to move up as price has shown rejection of the support.

Like, comment and support the idea.

Thanks
Madtradex
Comment:
Trade has gone the other way and touched my SL.

Sometime you got to take losses.
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