AUD/USD Weekly Inverse Head and Shoulders
Here we have a High time frame analysis on the AUD/USD pair .
On the 1W TF we can clearly identify the formation of the Inverted Head and shoulders with the right shoulder to be completed over the next 24+ months
With all the un certainties around the world of course anything can happen and this pattern can completely fail like any other if a big event occurs and if 2020 is anything to go by then its definitely possible .
Despite that it will be interesting to see as the months go by how this will play out in the long term .
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On the 1W TF we can clearly identify the formation of the Inverted Head and shoulders with the right shoulder to be completed over the next 24+ months
With all the un certainties around the world of course anything can happen and this pattern can completely fail like any other if a big event occurs and if 2020 is anything to go by then its definitely possible .
Despite that it will be interesting to see as the months go by how this will play out in the long term .
Support me with a Simple Like and a follow ...Thankyou