the double bottom pattern seems to work well in EURUSD and i just secured +90 pips profit !! (see the previous analysis that i linked below),. i see that there is still room up but let the dust settle first
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Just increased my conviction on leaning long on EURUSD after seeing your charts. There is definitely much room for EURUSD to run up in midterm to hit the 1.618 fibo target at EURUSD 1.1470 level.
If it does retrace to the 1.1020 level, that is definitely worth loading on the longs. =)
GWBFX
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@FiboTradeMasters, Hi, great analysis ...yess, that is one good option
InvestingScope
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Apart from the bounce, we have a similar view on the rejection. We are aiming for 1.09900 on this one:
GWBFX
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@InvestingScope, great analysis,... yes, i hope our analysis goes as planned
If it does retrace to the 1.1020 level, that is definitely worth loading on the longs. =)