PAGuy
Long

Long at Neckline

FX:EURGBP   Euro Fx/British Pound
45 2 0
You would be looking to take a long position at the neckline of this double bottom, or wait for a breakout of the daily IB             .
dojitrader
2 years ago
I'll have to give this a lot of thought.
I must say, however, that this is the most unique interpretation of
a double bottom I've ever encountered.
Best of luck for lots of pips in 2014 !
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PAGuy dojitrader
2 years ago
Look on the daily, to me, it looks like a W shaped reversal pattern, though if the neckline doesn't hold, then I will be looking to short again.
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