Potential H&S Forming on AUDCHF??

2019-11-23 05:09:23

Potential Head and Shoulders pattern on the Daily chart. Overall downtrend and whatever way you look at it, we are in a bearish flag / H&S pattern phase on this pair and one to watch out for in the future and for now it is Long.

*EDIT: If price hits right shoulder, it can also barely touch the 200 day E.M.A and move down to go down for triple bottom.