FX:AUDUSD   Australian Dollar / U.S. Dollar
5
We have what looks like an inverted head and shoulders pattern! On the daily chart we have a formation of a inverted hammer of sort, this tells us price will look to head up for just a bit, because overall idea is still down from the daily chart! 4 hour chart we have a 123 bottom pattern, we also have a trend line break there, its supporting a move higher! On the hourly chart we have the formation of railway tracks forming right at a pivot point level. All other charts have broken trend lines which are supporting a move higher! Lots of signals supporting a move higher. Buy In Folk's!

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.