EURAUD Double Bottom 🦐
Updated
The market after a long downtrend found a bottom on the weekly support structure.
After creating a double bottom on it price has now moved up, cutting the EMA 21 and testing the daily structure in blue.
If the market will manage to break and close above it we can look for a nice long order with a first tp around 1.67400 area.
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Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
After creating a double bottom on it price has now moved up, cutting the EMA 21 and testing the daily structure in blue.
If the market will manage to break and close above it we can look for a nice long order with a first tp around 1.67400 area.
–––––
Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
Note
As expectedNote
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