EURAUD - Daily - Uptrend

Updated
After the double bottom, we are waiting for the breakout of the static resistance @1.613 showed in the 4H TF. If volumes are equal or higher than the average we can entry LONG.
Note: the Breakout of the RSI downtrend is occured.
Hint: wait for more confirmation which is the breakout of the static resistance
TP @1.6320
SL @1.6106
RR 5
Note
Breakout done. Entry on the retest of the resistance
Note
Check out the entry point on the 4H TF
Chart PatternsDaily ChartsDouble BottomEURAUDTechnical IndicatorsLONGRelative Strength Index (RSI)Support and ResistanceTrend Analysisuptrend

Disclaimer