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RlcTrading
Sep 15, 2019 3:47 PM

Eur/Usd Analysis. Trend Reversal! See Chart. Short

Euro Fx/U.S. DollarFXCM

Description

The Double Bottom Pattern on the daily chart is a trend reversal pattern. This means we should begin the uptrend now. We formed a high and you can see that price rejected hard from the second highlighted area. This is the High! Now we need a Low! .... Then we will look for the Higher High!
So I believe that price will continue to drop just for a little bit , and then go up!
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