AUDUSD bullish triangle pattern usually signifies Period
Go Through the this Forecast Price will want to Grow on Top.
In technical analysis, a bullish triangle pattern usually signifies a period of consolidation before a breakout to the upside. Since the price has hit support and is now moving upwards, it's aiming for the first target at 0.63700 and then potentially the second target at 0.63800.
Keep an eye on price action as it approaches these targets. You may want to consider any additional confirmations (such as volume, momentum, or other indicators) to ensure the breakout is valid. Also, setting a stop-loss below the support level could be a good risk management strategy in case the market moves against your position.
You may find more details in the chart.
PS Support with Like and comments for more insights.
In technical analysis, a bullish triangle pattern usually signifies a period of consolidation before a breakout to the upside. Since the price has hit support and is now moving upwards, it's aiming for the first target at 0.63700 and then potentially the second target at 0.63800.
Keep an eye on price action as it approaches these targets. You may want to consider any additional confirmations (such as volume, momentum, or other indicators) to ensure the breakout is valid. Also, setting a stop-loss below the support level could be a good risk management strategy in case the market moves against your position.
You may find more details in the chart.
PS Support with Like and comments for more insights.
Trade closed: target reached
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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.
Join My Telegram Channel
t.me/MRCHERRYFREESIGNALS
Free Forex Signals
t.me/Jamessignals11
Exness Best Broker 👌
one.exnesstrack.net/a/iuw68tachn
t.me/MRCHERRYFREESIGNALS
Free Forex Signals
t.me/Jamessignals11
Exness Best Broker 👌
one.exnesstrack.net/a/iuw68tachn
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.