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Ashwini02
May 13, 2019 9:28 AM

AUDEUR : Bullish Shark Formation, Double bottom - 4h Long

AUSTRALIAN DOLLAR / EUROICE

Description

AUDEUR : Bullish Shark Formation, Double bottom

On 4h/6h timeframe, Pair shows formation and completion of shark pattern at 224 extension.

Min retracement of 38.2 is expected and eventually 50% and 61.8%

Double bottom is spotted, so it may carry equal measure move which coincides with 50% retracement, which creates a good confluence.
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