Feedback Form
20 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

AUD/USD – Is Head and Shoulder in the Daily Chart Confirmed?

posted by Avatar FXTimes 634 days ago in AUD, Technical, Daily made popular 634 days ago

The daily chart shows the market finishing a pullback that followed the break below a “naked” head and shoulder. It was naked because it was not confirmed and can actually be a continuation pattern, especially with the RSI staying above 40 since mid-June. An RSI reading that stays above 40…
Log in to comment or register here.