Double Bottom on AUD/USD @ H4
The double bottom pattern on H4 chart of AUDUSD offers an opportunity for a bullish breakout. The pattern's borders are marked with the yellow lines. My potential entry level - the cyan line. My potential exit level - the green line. Stop-loss is to be set to the low of the breakout bar (not shown).
More information, chart template, and free expert advisor to automatically trade this pattern - on earnforex.com/blog/audusd-finalizes-double-bottom-on-h4/
More information, chart template, and free expert advisor to automatically trade this pattern - on earnforex.com/blog/audusd-finalizes-double-bottom-on-h4/
Trade active
Entered at 16:34 UTC. Entry = 0.70707, SL = 0.70166, TP = 0.72674.Trade closed: stop reached
Stop-loss reached yesterday at 20:01 UTC.
You can find useful tools to detect, build, and trade chart patterns - all completely free on earnforex.com.
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.
You can find useful tools to detect, build, and trade chart patterns - all completely free on earnforex.com.
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.