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ArturoL
Oct 2, 2023 1:08 PM

Double bottom still active Long

EUR/AUDOANDA

Description

On October 2022 the pair broke out a massive double bottom. After that it consolidated for months to break out again. And now it came back to a important support zone. I think that double bottom still active and there is more gas in the tank. Great opportunity to pick it up here. It may consolidate a few more days to shoot up again, I don't know but I'm already long and if I see more consolidation I'll add.

Trade closed manually

Closing this. I don't like the way it went back to test to support zone. I may break it through. If that happens I'll short it. At moment I'm just watching:

Comments
legorda
I concur with the analysis
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