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is AUD forming a head and shoulders?


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is AUD forming a head and shoulders?

  #1 (permalink)
 johnEdweeno 
brisbane queensland australia
 
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Ignore the first two thirds of this chart


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  #3 (permalink)
trader14
Denver, CO
 
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Hey John,

I'm kinda leaning to the upside. With market background (spring after upthrust, sos, from a trading range). So far demand is in control until my red line is breached. I believe this is a retest of the daily reaction bar 11/1. On retest they become support. A lack of supply in this area is preferred.

Hope this helps ya.

Trader 14

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 ninjus 
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Potential H&S/Backup to the Edge of the Creek or HH to resolve harmonic rotation?



My 2c.


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Last Updated on November 11, 2018


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