Monster Double Bottom Adam and Eve - TARGET 1.70
This is Double bottom called Adam and Eva and it's massive a real monster. Maybe it would look better on a 2 month chart but even so it is good. The scary part is that this pattern has a target of 1.70 according to the rules of the pattern. Of course this would not go directly because they are pull-backs etc.
After breaking 1.33 price should start flying and after hiting 1.53 mark, pull-back should start to re-test 1.40 zone.
After retest of 1.40 it should towards to it's final target of 1.70.
I’m of the opinion that a new super cycle is starting. Cryptocurrencies are already hot, also EUR / USD i can show you a very nice long term chart that I made some time ago. Again double bottoms and double bottoms appear everywhere on the graphs.
Picture below.
So traders I am of the opinion that this will happen, but if you think otherwise please comment below.
After breaking 1.33 price should start flying and after hiting 1.53 mark, pull-back should start to re-test 1.40 zone.
After retest of 1.40 it should towards to it's final target of 1.70.
I’m of the opinion that a new super cycle is starting. Cryptocurrencies are already hot, also EUR / USD i can show you a very nice long term chart that I made some time ago. Again double bottoms and double bottoms appear everywhere on the graphs.
Picture below.
So traders I am of the opinion that this will happen, but if you think otherwise please comment below.
