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TabrezAhmed

AUDUSD - LONG - BULL PENANT - WK08CH18

Long
Australian Dollar / U.S. Dollar (OANDA:AUDUSD)  
TabrezAhmed  
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators Contains image
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trendanalysis chartpattern indicator containsimage
Using Dow Theory I identified that Market in an early Bullish Trend making new HHs & HLs. Possibility of continuation of Bullish Trend due to breakout of Bullish Pennant Pattern.

Confluence Points:
1) Bullish Penant Brakout
2) New HH & HL
3) Strong & Multiple Bullish Candles At Breakout
4) Resistance Broken

Thank You!
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