Hello traders,
Today we will discuss AUD/USD. On the Daily chart, we have an inverted head and shoulders (H&S), bullish divergence and stronger resistance. We can look for a long position, and to understand the SL and TP, check the H4 setup. Thank you!
Today we will discuss AUD/USD. On the Daily chart, we have an inverted head and shoulders (H&S), bullish divergence and stronger resistance. We can look for a long position, and to understand the SL and TP, check the H4 setup. Thank you!
Kommentera:
Here we can see the H4 setup. Looks like an inverted head and shoulders but it is an ascending triangle. After the breakout, we must see a bullish move till next resistance.
