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Captain_Walker
Apr 4, 2019 10:09 PM

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

Euro Fx/U.S. DollarFXCM

Description

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.
Comments
meszaros
Very nice analysis. I agree with you. I also belong to those camps who are expecting EURUSD rise.
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