AUDNZD has been shaping up an Inverse Head and Shoulders patter on the Weekly chart. The pattern is not yet complete but we still have potential LONG opportunity ahead.
Price has broken structure resistance of 1.0880 and looks like it may be making an attempt to retest as support. If that happens, this could leave a nice Price Action signal for Buyers.
ADEP, or Adept Technology, is a robotics company focusing on industrial automation, as well as software and vision guidance. Recently caught in a downtrend, ADEP seems to be making a reverse head and shoulder pattern, which could be confirmed within the next week. On the 15 min chart, there is also a cup and handle forming which if confirmed, could trigger a...
