FxTrading13

#AUDUSD: Potential Inverted Head And Shoulders

FX:AUDUSD   Australian Dollar/U.S. Dollar
30 0 1
FX:AUDUSD             at weekly time frame, have a potential inverted head and shoulders .
A breakout with close above the neck of the pattern, could drive price to the next importante resistance (0.8640).
As price is trading at a key level (resistances or neck of the pattern), we have the probability to see:
A breakout confirming the inverted head and shoulders pattern, or,
A reversal, that can trigger a continuation of the bearish trend , if this occurs, then we can have a potential bullish gartley .

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