Hello traders:
Few weeks ago I was more looking at AUDUSD to continue the bearish trend to the downside.
However once it hits the higher time frame previous lows, price failed to continue lower.
Instead a bullish reversal impulse phase up on the lower time frame,
and formed into a inverse Head and Shoulder reversal. Good signs of bullish price action.
We can now wait for completion of the right shoulder,
and a lower time frame impulse up follow by continuation would be the confirmation for another upside
Thank you