EUR/AUD Long - Target pattern highs

От ThePoisedTrader
- Daily - Slight descending channel with a double bottom at the 3rd touch of the pattern. Leading up to the double bottom there was another descending channel which price impulsed out of and in the next flag correction, I was looking for buys.
- 4hr - After the impulse out of the descending structure, a bull flag formed with a double bottom that I was looking for signals for an entry.
- 1hr - As price approached the double bottom within the flag, price formed another descending channel and I set my order on the break of the pattern.
Chart Patternseur-audForexnoindicatorspriceactionanalysispricepatterntradingTrend Analysis

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