Double Bottom

uk oil has been in downtrend for a very long time now with price making a bearish flag on the daily chart. Waiting for price to complete the bearish flag with one more move up, I say this because price made a double bottom and retested previous support so I am hoping price does the same before melting down at the top of the flag...

Target 847p if all goes well. This is not a recommendation.

EURUSD (4H) is flashing both a double bottom and a curve. Both together suggest greater probability of a move north on this time frame only. Expand chart for a better view. This is not a prediction. Supplemental: if EURUSD moves north expect the DAX to head south - this is the general rule, but can fail.

Yesterdays trading posted a hammer candle as EURUSD failed to reach the 7th of March low and we are now back above key support at 1.12000. The hammer candle is a bullish reversal signal and is a good sign the bulls may be regaining control. The 1.12000 support level also coincides with the 61.8% Fibonacci retracement level of the entire bear market that ran from...

I AM VERY LATEEEEE but since you guys like double bottoms or how I like to call W***** SIGN

Here we have the GBPCHF trade where it looks like a double bottom formation where I will defiantly have a cheeky buy just like 10/1 odds

CONSTRUCTIVE CRITICISM WELCOME. Confluences as annotated. I'll ideally be looking for rejection within the 61.8% to 78.6% fib region before taking this long.

On the higher timeframes such as the daily chart we can see that NZDJPY seems to be consolidating between 75.00 and 76.50. We can see that on Friday price closed giving us a decent low test candle on the daily bouncing off our support level (75.00) forming a beautiful double bottom pattern. Ideally we would of wanted the body of the candle to be smaller or a...

- Long on the Double Bottom with 2618 - Bearish Harmonic Pattern Cypher

Hi guys, this is my last idea for this year. I hope it'll bring you some insights. First of all, the yellow box is representing a good structure level in the daily and weekly charts, that is the basis for each and every trade i place. After that, you can see the D point of a Gartley formation (though it's not valid at the moment) right near this spot. Alongside,...

Goldman Sachs has stumbled and now there is much debate out there about what next to do. As usual some are shouting "enter long now", whilst others are saying "stay out" etc. For me, it's very simple i.e. I just need to wait on a favourable time frame, somewhere between 2 - 6 hourly if I'm to go north. It's difficult to go short as there could be a rebellion of...

Looks like confirmation is just about in for this double bottom pattern on Equifax stock (EFX). There is also a gap down that needs filling on this chart.

If we see a breakout to the upside it could be a nice little bull run for bitcoin. Wait to see confirmation.

Keep an eye on this stock as following confirmation of an Adam & Eve Double Bottom pattern we could be looking at a target around 85 with a stop loss around 52.

Following a double bottom pattern maybe BCE has finally found a bottom, if the bull move continues we are looking at a target of 43 with a volatility stop around 39.20. Maybe just wait for the price to keep increasing to make sure this is not in fact a double top, in which case the movement could be bearish. I am siding on bullish though because of the direction...

Bullish Cypher / Bullish BAT / Double Bottom

Long Opportunity based on Double Bottom -little bit late entry -waiting for price to reach 0.73000

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