AUDUSD

MY VIEWS
On a weekly timeframe, after the bullish movement price is trying to retracement but we can see it reject the previous higher high this week and form some sort of indecision candle.
Looking at the daily price is struggling to push up.
AS we move up to 4 hrs we can see the price has formed an inverse head and Shoulder pattern which mean the price will reverse
And the 1 hrs timeframe price started to move up but still, we don't have a clear direction. i will be waiting for more clear price action to take the trade.



Note: I am not a signal provider, all this analysis is my own perspective in the market if you see different then it's fine. If your bias is different than mine, you might win and I might lose or go breakeven. In the end, we are all here to make money .

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AUDUSDChart Patterns

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