AUDUSD: Potential Head & Shoulders Pattern Forming?
AUDUSD might be setting up for a head and shoulders pattern. Looking at the price action, the structure suggests the possibility of this pattern forming, but we still need the chart to complete the right shoulder for confirmation.
If the pattern plays out and the neckline is broken, we could see a bearish move ahead. Until then, patience is key—let's wait for the right setup to develop.
What’s your view on this? Do you think the pattern will complete, or do you see a different setup? Let’s discuss in the comments!
If the pattern plays out and the neckline is broken, we could see a bearish move ahead. Until then, patience is key—let's wait for the right setup to develop.
What’s your view on this? Do you think the pattern will complete, or do you see a different setup? Let’s discuss in the comments!
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