News

AUD/HKD 5 min Head and Shoulders

AUD/HKD 5 min Head and Shoulders

Hi all,

given the short term nature of this pattern I will keep my comments succinct. The chart that I want to draw to your attention is the AUD/HKD 5 minute chart which is setting up a potential Head and Shoulders pattern.

Source: Bloomberg

If you want to see how these patterns are typically treated then check out any of our previous setups on this type of formation.

All the best,

Dave.