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TheTradingDistrict
Apr 15, 2020 2:40 AM

EUr/AUD - Double Bottom! Buy Setup Long

Euro Fx/Australian DollarFXCM

Description

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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