AUDNZD Head and Shoulders
AUDNZD H&S formed on daily chart, if break the neckline could potentially see good downside towards previous swing low.
R:R is pretty good
R:R is pretty good
Note
Seems like Sell Stop is not hit, which prevented us from entering into any trade.Lower ascending trendline is still respected, however the long tailed inverted hammer looks quite bearish. we shall wait for more confirmation
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.