TradingView
aet61
Apr 28, 2023 5:22 PM

AUDUSD // Shoulder head shoulder formation 

FX:AUDUSD1D
Australian Dollar/U.S. DollarFXCM

Description

⋅
Although there is a shoulder head shoulder formation on the chart, the targets are drawn according to Fibonacci.Let's look for closures where I specified with X.
Chart PatternsHead and ShouldersMoving Averages
More