TradingTrumpeteer

EUR/AUD Giving Mixed Signs

FOREXCOM:EURAUD   欧元/澳元
As you can see on the chart, there appears to be an inverse head and shoulders pattern that has formed. It has now been followed by two bars mirroring each other to the point that I would think it to be a reversal to turn into a down trend. I'm definitely gonna sit this one out, but what do you think? False inverse head and shoulders or a false two bar reversal? Let me know!
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