ProfitPotential
Long

Bullish formation for long term play

FX:EURUSD   Euro Fx/U.S. Dollar
180 5 4
Double bottom and possible morning star formation on the monthly chart
Dear Mr,
June candle seems to be a bearish pin bar
It can't be a part of morning star formation
Reply
June's candle is an indecision bar. It will be part of a morning star formation IF July's candle closes high, up near May's opening price.
Reply
Furthermore the April and May candled formed clear double top.
Reply
Interesting observations. thank you.
Reply
it needs July to close above may open price. For medium term euro for sure will have an easy bias in regards with BREXIT
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