Long setup on EUR NZD - - Double bottom Chart pattern
3 Different signals about to completei, indicating a big chance for an Uptrend:
- Double bottom Chart pattern completed with a 4h green candle closing above the neckline
- Parabolic SAR dots under the most recent 4h Candle
-Our 3rd indicator would be the 20 SMA line 8 (in yellow) needs to cross above the 40 SMA (in Brown)
and all the setup would become highly indicative of an Uptrend starting to develop reaching for Tgt 1,
and then high probability of reaching Tgt 2 Tgt 2
Good Luck and BIG profits to all
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If you have any comments about this setup please feel free to share
- Double bottom Chart pattern completed with a 4h green candle closing above the neckline
- Parabolic SAR dots under the most recent 4h Candle
-Our 3rd indicator would be the 20 SMA line 8 (in yellow) needs to cross above the 40 SMA (in Brown)
and all the setup would become highly indicative of an Uptrend starting to develop reaching for Tgt 1,
and then high probability of reaching Tgt 2 Tgt 2
Good Luck and BIG profits to all
====
If you have any comments about this setup please feel free to share