Bullish formation for long term play Long

Euro Fx/U.S. DollarFXCM

Description

⋅ Jul 2, 2016 9:47 PM

Double bottom and possible morning star formation on the monthly chart

Comments

sp.alexandru

⋅ Jul 5, 2016 6:24 PM

it needs July to close above may open price. For medium term euro for sure will have an easy bias in regards with BREXIT

ElhaniHany

⋅ Jul 3, 2016 1:51 AM

Furthermore the April and May candled formed clear double top.

ProfitPotential

⋅ Jul 3, 2016 1:52 AM

Interesting observations. thank you.

ElhaniHany

⋅ Jul 3, 2016 1:45 AM

Dear Mr,
June candle seems to be a bearish pin bar
It can't be a part of morning star formation

ProfitPotential

⋅ Jul 3, 2016 1:49 AM

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.