Hey guys this is my trade idea on AUDCHF. It has hit a strong weekly resistance and has formed a double bottom, the 4hr candles are now above and retesting the 50EMA suggesting this will be a true double bottom, i think it'll break out of this current area, retest and then bounce up to our target.
Note
failed to breakout, close. Another buy at triple bottom
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.