Black horizontal line - Weekly
Blue horizontal line - Daily
Green horizontal line - Hourly support/resistance
As you can see, on the AUDUSD 4 hour chart, a potential is forming. With the left shoulder and the head complete, we've had our retest for our right shoulder. The reck marks out our "neck" of the pattern. We have a swing high into an hourly supply zone/ order block. If we can break the 0.76444 light level, start to target our neck line.