FX:AUDUSD   Australian Dollar / U.S. Dollar
price hit Daily support level and got rejected now on the 1h what we see here is a broken descending wedge pattern and a head and shoulders pattern with slanted neckline. Price broke prior swing high and created a new higher high structure telling me we're in a bullish market now... I will wait for price to retrace and enter... Targets and Stop are made visible in the photo.
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.