SergeantPringles
Long

AUDUSD - 1D - Downwardtrend violation - Double bottom retest

FX:AUDUSD   Australian Dollar/U.S. Dollar
74 0 6
AUDUSD             has been nothing but trending down for the past years. now we might see a bit of a relief. violating the swings and forming a potential double bottom could be the start of it. but caution - so far, no signs for a reversal - be patient.
Comment: we might have a first reversal sign in this potential head and shoulders pattern, so if we can see a break above the triangle, longs can become more appealing. if we break down further from here, then back to patience again.
snapshot
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