GBP/USD - 4HR DOUBLE BOTTOM, 1HR ENGLUFING CANDLE TO BUY!
Hi all,
Here we have the GBP/USD which on the 4hr chart shows a double bottom and the end of a downtrend, with a head and shoulders as another signal of a reversal,
Also in the 1hr chart we have the 2nd leg of the double bottom which is an engulfing candle - also can be seen as a good entry/buy signal.
** this is not financial advice, this is for educational purposes and all feedback is welcomed, **
please like and subscribe for more educational charts!
Good luck and trade safe,
L
Here we have the GBP/USD which on the 4hr chart shows a double bottom and the end of a downtrend, with a head and shoulders as another signal of a reversal,
Also in the 1hr chart we have the 2nd leg of the double bottom which is an engulfing candle - also can be seen as a good entry/buy signal.
** this is not financial advice, this is for educational purposes and all feedback is welcomed, **
please like and subscribe for more educational charts!
Good luck and trade safe,
L