AUDUSD Tilted H&S

71
Since rejecting a major resistance level of 0.74 we have been making constant bearish market structure forming lower lows and lower highs on the daily timeframe

We have also formed a tilted Head&Shoulders pattern on the 4hour chart and finally broken through the neckline

In this type of scenario we would wait for price to pullback and retest the neckline creating a lower high formation

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.