A long trade opportunity recently presented itself on the Aussie-Loonie trading chart, following a breakout of a bearish order block.
Price, thereafter, pulled back and retested the bearish order block (now acting like a bullish order block, more like a support to push price higher) by forming a bullish harami candlestick pattern just above the highest level of the same order block.
This confirms a continuation of the uptrend.
Price, thereafter, pulled back and retested the bearish order block (now acting like a bullish order block, more like a support to push price higher) by forming a bullish harami candlestick pattern just above the highest level of the same order block.
This confirms a continuation of the uptrend.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.