FREE ANALYSIS ON AUDUSD - HEAD & SHOULDER PATTERN?
FREE ANALYSIS ON #AUDUSD
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15 Min
MACD & RSI both supporting a bearish divergence. Expecting some minor bearish move
1 HOUR
Price just hit the 200 MA and was rejected. Also hidden divergence on MACD found. Expecting some down
4 HOUR
Possible Head and Shoulder pattern is being formed. Price Finally broke upwards of the 100 WMA.
OVERALL
Things are starting to look bullish for AUDUSD as price broke out of all 3 MA's on the 4hr chart. assuming this does complete the H&S pattern then we will see price reach a new high of around 0.71990.
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Thanks for reading
See previous analysis
Please share your thoughts and views on my analysis and don't forget to like it and share with others.
Welcome to SiriusTrading (managed by Segunby), Check out my Free analysis on Forex and Crypto. Follow me for regular Analysis and don't forget to LIKE, LIKE, LIIIKKKEEE :)
-
15 Min
MACD & RSI both supporting a bearish divergence. Expecting some minor bearish move
1 HOUR
Price just hit the 200 MA and was rejected. Also hidden divergence on MACD found. Expecting some down
4 HOUR
Possible Head and Shoulder pattern is being formed. Price Finally broke upwards of the 100 WMA.
OVERALL
Things are starting to look bullish for AUDUSD as price broke out of all 3 MA's on the 4hr chart. assuming this does complete the H&S pattern then we will see price reach a new high of around 0.71990.
-
Thanks for reading
See previous analysis
Please share your thoughts and views on my analysis and don't forget to like it and share with others.
SiriusTrading
Bull or Bear, We’ll Brave It All!
Bull or Bear, We’ll Brave It All!
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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.
SiriusTrading
Bull or Bear, We’ll Brave It All!
Bull or Bear, We’ll Brave It All!
Related publications
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.