Mohammadrezatrader

EURAUD-4H-Long potential

Long
OANDA:EURAUD   Euro / Australian Dollar
Hi folks;
When we are seeing 4H time-frame,it obvious that price moves on a downtrend channel so after a breakout and retest it can pushes the price up till touch the upper downtrend line what's more; it made a double bottom classic pattern but it has not approved buy neckline and breakout so we ought to keep in touch with chart and candlestick.After breaking out the neckline and retest,we can enter to long position till T.P1 & T.P2.
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.