Get started
AndriyMoraru

Double Bottom on AUD/USD @ H4

Long
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
AndriyMoraru Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD 4hour Double Bottom patterntrading breakout
2
2
audusd 4hour doublebottom patterntrading breakout
The double bottom pattern on H4 chart of AUDUSD offers an opportunity for a bullish breakout. The pattern's borders are marked with the yellow lines. My potential entry level - the cyan line. My potential exit level - the green line. Stop-loss is to be set to the low of the breakout bar (not shown).

More information, chart template, and free expert advisor to automatically trade this pattern - on www.earnforex.com/bl...double-bottom-on-h4/
Trade active:
Entered at 16:34 UTC. Entry = 0.70707, SL = 0.70166, TP = 0.72674.
Trade closed: stop reached:
Stop-loss reached yesterday at 20:01 UTC.
You can find useful tools to detect, build, and trade chart patterns - all completely free on www.earnforex.com.
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.