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stockmarketdaytrader
May 11, 2017 8:22 PM

Break Out Occuring Long

Australian Dollar/U.S. DollarFXCM

Description

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!
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