This is a formation of a double bottom I believe, still not too sure. What is frustrating about this trade is that I placed and entry order to long this trade at 6.80240 and for some reason it has been triggered.... And now it is saying I am down 170 pips? Not sure why, it even says on oanda that the USDDKK is at 6.78504. Its very frustrating to see and I am not sure what to do. Please let me know in the comments if I did something wrong.
Other than that I believe this was a formation of a double bottom and could possibly trend upwards.
Other than that I believe this was a formation of a double bottom and could possibly trend upwards.