Possible Inverse Head and Shoulder

FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD h4 chart creating inverse head and shoulder pattern. It it creates successfully we can go for long after breaking neckline.

Resistance comes at 0.8000 and 0.8100
that what i think so
I think we wont see a move until tomorrows NFP - it seems a lot of USD cross pairs are getting ready to move long.
+1 Reply
wwfm Nica521
we have a retail sales from AU
I agree with this...seeing same shape on other AUD pairs - eg: AUDJPY
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Pine Wizards Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out