Rounded bottom = reversal

FX:EURUSD   Euro / U.S. Dollar
276 9
Rounded bottom on the 1 min at major support / resistance levels = reversal
Ok I've given up trying to predict the EURUSD on this move but he it is again ' Rounded Bottom' reversal indication on the 1min chart being performed again at major support / resistance level, More often than not around even numbers. In this case it's 1.32800
Long term reversal still looks good
+1 Reply
Good job :)
vdubus MikaGlogy
thanks Mike. It's a risky call to make on the 1min charts but it keeps SL's nice and tight.
vdubus vdubus
Sorry spelt your name wrong :/
Yep, Im on it right now, taking long position, but for this time, the channel is going to flat :) Hope the target jump higher. Sorry for my language, im selflearner :)
vdubus MikaGlogy
No worries, I'm self taught also. If price breaks 1.33 resistance area this will make my long term setup void also. Go with the flow & follow the ARC's :) best of luck
Ok :)
Short term reversal set up failed
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