We have a beautiful ABCD multimonth flagpattern on the AudNzd Pair.
I am expecting a strong bullish move towards 1.1230 in the coming weeks.
After breaking 1.0310 we didnt have any kind of follow through for several days.
Sellers are getting dried out, and i think bulls are showing a strong hand with three consecutive solid bull candles and moving again above 1.0310 we can also see a potential double bottom being formed, natural target would be around 1.1230.
I am entering on 1.0315 with a Stop @ 1.0235 and looking for a move towards 1.1230
I am expecting a strong bullish move towards 1.1230 in the coming weeks.
After breaking 1.0310 we didnt have any kind of follow through for several days.
Sellers are getting dried out, and i think bulls are showing a strong hand with three consecutive solid bull candles and moving again above 1.0310 we can also see a potential double bottom being formed, natural target would be around 1.1230.
I am entering on 1.0315 with a Stop @ 1.0235 and looking for a move towards 1.1230
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Big Move higher is coming soon!
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If we close weekly around this levels, we have a huge morning star formation on the weekly charts. This is a very bullish formation.
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riding the trend
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still in it , still riding it!