Double Bottom at Structure?

FX:EURAUD   Euro / Australian Dollar
Hey guys,
just wanted to let you know what i'm looking for in the next hours. On EURAUD price is testing a key support level on the daily (in oversold condition) and therefore i can expect market to react at this level. As i go down on 1hr chart i can see there's a double bottom setting up with RSI divergence and this also increase my confidence in this trade. I want to see the next two candles green and then i can short this. Stops below the lows, target1 at retest, target2 to be determined!

If you want to ask questions or share ideas, feel free to comment below.
Otherwise, see you in the next chart!
Jun 20
Comment: and then i can long this* typo
Jun 21
Trade closed: target reached
Se sei d'accordo, lascia un mi piace! Grazie
Canale Italiano:
Ultimo video:

If you agree, like this chart! Thanks
My last (english) videoanalysis here:


HI Roker,

Isn't double bottom an indication to long the pair?

+1 Reply
Roker1 CaptainHow
@CaptainHow, sure, i made a typo
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out