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Euro / Canadian Dollar
Long

Double bottom for trend reversal

36
Price was trending lower until it found support at weekly level around 1.5560, where it formed a double bottom. After the break out from the structure, on the retest, price formed an engulfing pattern which served as a trigger to enter long.
Blasterh22
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Candlestick AnalysisDouble Top or BottomSupport and Resistance

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Candlestick AnalysisDouble Top or BottomSupport and Resistance
Blasterh22
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.