ShahzaibNaveed

EURUSD - Double Bottom

Long
OANDA:EURUSD   Euro / U.S. Dollar
A double bottom is a strong bearish reversal pattern that forms after an asset reaches a low
price two consecutive times with a moderate decline between two lows. Bullish divergence is a confirmation of a strong reversal pattern.
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.