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A Double Bottom

Profile photo of Nuno Lampreia – Forex.Today by Nuno Lampreia – Forex.Today


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

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