AUDUSD - 1D - Downwardtrend violation - Double bottom retest
AUDUSD has been nothing but trending down for the past years. now we might see a bit of a relief. violating the swings and forming a potential double bottom could be the start of it. but caution - so far, no signs for a reversal - be patient.
Note
we might have a first reversal sign in this potential head and shoulders pattern, so if we can see a break above the triangle, longs can become more appealing. if we break down further from here, then back to patience again. 
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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.