FOREX.TODAY

Our Blog

A Double Bottom

Profile photo of Nuno Lampreia – Forex.Today by Nuno Lampreia – Forex.Today
2015-09-10_00-41-59eurgbp

2015-09-10_00-41-59eurgbp

The eurgbp chart broke resistance and is heading higher.

If we analyze the previous support we see in fact that we had a double bottom.

Therefore as long as higher highs and lows are provided the bias should now be bullish.

A change in bias should occur if double or tripple tops are provided or a lower high and low should appear.

Best of PIPS

Your nameYour emailYour text

Leave a Reply

Thank You

Thank you for signing up. Confirmation will be sent to your inbox shortly. You can login here

Log in
Register
Send message