F
Long

Double bottom

F  
FX:EURUSD   Euro / U.S. Dollar
90 1 5
UPDATE : Need to close I'm looking for USD bottm signal today

This post is only for self study

- In 70% of cases, there is a bullish reversal
- In 67% of cases, the target of the pattern is reached once the neckline broken
- In 59% of cases, a pullback occur

Pullbacks exceed the neckline in many cases. Thus, a stop too close can be reached stupidly. To remedy this, it is possible to wait for the pullback onthe neckline to take a stand. This allows a better set of your stop.

As strong momentum is being seen, want stay long
+1 Reply
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