The double bottom pattern signaled the end of the downtrend of this pair. Currently, price is forming bull flag continuation pattern. A completion of wave C at 78.60% Fib level, which is also the daily support level might occur next trading week.
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.
