FX_IDC:AUDUSD   Australian Dollar/U.S. Dollar
30 0 1
AU has touched the monthly trend line with the "head" of the formed head and shoulders pattern and was rejected.
it has also just broken a 4h trend line at the completion of the head and shoulders pattern.
To further confirm, the right shoulder hit the 61% of the head before falling. which is a common factor between most true H&S formations.

as i was making this chart the H&S completed
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Support Priority Support Report Issue Ideas Published Followers Following Private Messages Chat Sign Out