Captain_Walker

EURUSD (4H) - Theory of curves plus double bottom

Long
FX:EURUSD   Euro / U.S. Dollar
EURUSD (4H) is flashing both a double bottom and a curve. Both together suggest greater probability of a move north on this time frame only. Expand chart for a better view. This is not a prediction.

Supplemental: if EURUSD moves north expect the DAX to head south - this is the general rule, but can fail.
Comment: Another larger curve

Comment: This is pure CRAZY!! I didn't actually believe my 'theory of curves' would have any sort of validity. Hence I didn't go long on EURUSD on 4H time frame. But the more I do the TOC the more I see merit in it. I'm not saying it's perfect but it has some use.

FED balance sheet 42% of GDP @ 2020-01-26. Does money have value anymore? [Different perspective on the virus https://youtu.be/NjTdvALChwk ]