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AntsAnalysis
Oct 5, 2020 7:38 AM

AUDNZD Inverse H&S Long

Australian Dollar/New Zealand DollarFXCM

Description

I see a potential inverse Head&Shoulders pattern forming on AUDNZD

I will be waiting for a break above the neckline before considering buy positions

This impulse to the upside that we are waiting for will break away from the descending channel in which we are trading within

This will mean bearish market structure will be broken and we can begin looking for buying positions
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