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EURAUD Reversal from the bottom
Euro / Australian Dollar
Long
EURAUD Reversal from the bottom
By jojofang0901
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Updated
Nov 13, 2020
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Nov 13, 2020
Hello everyone:
Eyeing EURAUD for the reversal bullish run.
We see price is in this overall HTF structure, correcting itself with a few swing highs and lows.
Price is once again at the bottom of the structure, a recent double bottom, with a fallen wedge reversal price action on the LTF.
Latest price has a strong bullish breakout, so wait for the LTF correction to develop and enter would be ideal.
Thank you
Nov 13, 2020
Comment
HTF:
Nov 17, 2020
Comment
LTF double bottoms, inverse "M" pattern, bullish pushed up followed by correction.
Chart Patterns
Flag
Parallel Channel
pattern
priceaction
structure
Wedge
jojofang0901
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