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mngFX

EURAUD - Potential Double Bottom 👀

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Euro/Dólar Australiano (OANDA:EURAUD)  
mngFX  
OANDA:EURAUD   Euro/Dólar Australiano
Multiple Time Frame Analysis Double Top or Bottom Parallel Channel EURAUD euraudshort euraudanalysis euraudlong EUR aud
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mtfa doubletoporbottom parallelchannel euraud euraudshort euraudanalysis euraudlong eur aud
Hi Traders,

EURAUD price action is shaping up for a potential buy opportunity. Looking at the HTF, price broke out of a descending channel following with a continuation correction which price impulsively broke higher creating higher lows but failed to continue any further. Looking at the LTF price made a double top and is currently consolidating which I will be looking for a buy opportunity at the double bottom area if only I see a bullish confirmation.

Thanks
Trade Safe

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