Reaching the resistance again is another key levels to keep an eye on. The bullish reversal chart pattern on the 4hours time frame.
The double bottom(EVE&EVE) just as we have always talked about, the double bottom has different shapes and needs to be identified.
EURCHF has bee spotted forming EVE&EVE bottom, which has two rounded bottoms.
Eve is a term that describes how the bottom looks, in this case, a rounded looking and wide bottom.
Two distinct valleys that look similar. Eve bottoms are wide and more rounded appearing. Spikes that appear tend to be numerous and short.
A breakout from the resistance will initiate the uptrend.
Breakout: 1.08780
Resistance 1: 1.08845
Resistance 2: 1.08924
Resistance 3: 1.09052
Good luck to everyone! Click the follow button to stay tuned for more trading ideas! Like the idea? Hit the like button!
Ideas published should not be referred to as an investment advice
The double bottom(EVE&EVE) just as we have always talked about, the double bottom has different shapes and needs to be identified.
EURCHF has bee spotted forming EVE&EVE bottom, which has two rounded bottoms.
Eve is a term that describes how the bottom looks, in this case, a rounded looking and wide bottom.
Two distinct valleys that look similar. Eve bottoms are wide and more rounded appearing. Spikes that appear tend to be numerous and short.
A breakout from the resistance will initiate the uptrend.
Breakout: 1.08780
Resistance 1: 1.08845
Resistance 2: 1.08924
Resistance 3: 1.09052
Good luck to everyone! Click the follow button to stay tuned for more trading ideas! Like the idea? Hit the like button!
Ideas published should not be referred to as an investment advice