Looking at the Higher Time Frame we can see that the price has formed a Symmetrical triangle with a Fake Breakout in a form of a Double Bottom which indicates that the price wants to move (much) higher from current levels.

istantanea

Im looking for BUYING opportunities on a lower time frame.

istantanea

istantanea
AUDNZDaudnzdanalysisaudnzdforecastaudnzdlongBeyond Technical AnalysisChart PatternsDouble BottomfakebreakoutTechnical IndicatorsSymmetrical Triangle

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