TradingView
David.Moulder
Jul 18, 2014 1:52 AM

Double Bottom - EURUSD Long

Euro Fx/U.S. DollarFXCM

Description

on the 4 hour chart, we see a double bottom with bullish divergence, the second push into the support level did so with less strength than the first, so long as the current candle does not close below the low of the initial low. If the candle closes below the low of the initial low (first arrow) the double bottom is invalidated.
More