Dollar Australia / Dollar ASDiupdate AUD/USD Double Bottom Forming
AUD/USD is currently forming what looks to be a Double Bottom Pattern.
Price was unable to extend lower past the low on Aug. 16th and is now moving up!
The second "bottom" of this potential Double Bottom terminated in my Fib Kill Zone furthering my confidence in this analysis in deeming this a High Probability Pattern!
If price can break above the .64881 level, we will be looking at a potential bullish sequence!!
Price was unable to extend lower past the low on Aug. 16th and is now moving up!
The second "bottom" of this potential Double Bottom terminated in my Fib Kill Zone furthering my confidence in this analysis in deeming this a High Probability Pattern!
If price can break above the .64881 level, we will be looking at a potential bullish sequence!!
Catatan
Negative news coming in for DXY sending it into a reversal further fuels my confidence in this possible BULLISH setup!!STAY TUNED!!
TRADE SETUP WILL BE PUBLISHED NEXT!!
"An investment in knowledge will pay the best interest." - B. Franklin
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"An investment in knowledge will pay the best interest." - B. Franklin
Novi's Trading Channel
t.me/+l3fTcsZu91ZiZDkx
Novi's Trading Channel
t.me/+l3fTcsZu91ZiZDkx
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.