AUDUSD, Double Bottom with Bullish Divergence
Double Bottom Formation
Bullish Divergence
Weekly support acting as strong zone for reversal
currently trading in Rectangular consolidation box
Seasonals also Indicates DXY bearish 75% of times in December
Bullish Move expected
Buy with Buy stop
SL on break of weekly support
Target 1:1
Bullish Divergence
Weekly support acting as strong zone for reversal
currently trading in Rectangular consolidation box
Seasonals also Indicates DXY bearish 75% of times in December
Bullish Move expected
Buy with Buy stop
SL on break of weekly support
Target 1:1
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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.
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.