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Posts Tagged ‘double bottom’

USDCAD, bulls got 338 pips – double bottom formation spotted

USDCAD reached a new high for for the month of August. Price flew more than 300 pips upon touching the level I mentioned in my previous posting.  I said 0.9520 is a level to look out for the bulls to join in! AND I was spot on!

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EURJPY : Safe in June!

Week 25 Rewind: “Price Remains Supported! And, price may re test the upper border of the ED channel and dare I say, form a larger double bottom.” Bravo! Yet another Double Bottom! This time round, each bottom spanned a good 2 weeks and by the time price

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Dow Index – Double bottom completed and back to where we started in June

The Dow Jones Industrial Average staged the best 1 week performance in 2 years to close off 5.43% higher for the week ending 1st July. The index is right where we started in the start of the month and bears will definitely be concerned about how the

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Private: 2011/06/29 Forex Ideas EURJPY

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Private: Trendline vindicated; EURUSD bounces up

Trendline vindicated; EURUSD bounces up

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Private: Bears pulverize reversal pattern; drag GBPCHF to a record low

Bears pulverize reversal pattern; drag GBPCHF to a record low

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Forex Trade Ideas -$USDSGD round numbers dictate direction

Forex Trade Ideas -$USDSGD round numbers dictate direction

The SingDollar USDSGD found support at 1.27. It faces a ceiling at 1.28. The integrity of this level will determine if USDSGD is doing a double bottom reversal or end up with a channel continuation. Trade thoughts : Above 1.2800 confirms bullish double bottom reversal and signal

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Is the $USDJPY reversing?

With the year coming close to an end, lets recap on how $USDJPY fair for the year. With lower-highs charted each year, $USDJPY is said to be still in the downtrend. The pair had been trading within the range of 94.978 & 80.839 as the highest &

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Private: CADJPY, why you might be interested in this pair at the moment.

CADJPY, why you might be interested in this pair at the moment.

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Private: EURUSD displays bullish reversal; but resistances loom

EURUSD displays bullish reversal; but resistances loom

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Private: Mid-week review for USDJPY

Mid-week review for USDJPY

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Private: Singapore Forex Trade – Week 30 Trading Strategy for USDJPY

Singapore Forex Trade - Week 30 Trading Strategy for USDJPY

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Private: We have no problem playing countertrend with B3S4 – See trade in AUDUSD

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Private: Singapore Forex Trade – Catch AUDUSD at the low of double bottom and reentry plan

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