Looking at the EUR/USD
A double bottom pattern is expected to reveal itself
price is currently trending closely to value zone
we just need to see price react more as it gets closer to the zone and maybe into it
what we will be looking for is a close inside said zone
and then a bullish engulfing candlestick pattern
once those check out
There should be a solid move to the upside from there on out
A break from 1.17734 might mean Bullish reversal on the EUR/USD.
But as always
Expect the unexpected
A double bottom pattern is expected to reveal itself
price is currently trending closely to value zone
we just need to see price react more as it gets closer to the zone and maybe into it
what we will be looking for is a close inside said zone
and then a bullish engulfing candlestick pattern
once those check out
There should be a solid move to the upside from there on out
A break from 1.17734 might mean Bullish reversal on the EUR/USD.
But as always
Expect the unexpected
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