TheTradingDistrict

EUr/AUD - Double Bottom! Buy Setup

Long
FX:EURAUD   Euro / Australian Dollar
EURAUD is beginning to print a W Formation / Double Bottom reversal pattern. We are waiting for price to break the neckline for buy entries.
Trade closed: target reached:
This played out great! Although price did not come back for a retest, a buy stop order above the neckline would've been a great entry. Follow us for more amazing analysis!
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