I missed this oppotunity on this double-bottom most-likely to take out the whole years range north. As price is channeling sideways covering the whole years price action, it could even become a triple bottom giving us a possibility to enter a third touch of the lower trend line.
Another possibility is to enter at the break of the upper line of the channel.
Perfect double bottom so far. Can become a triple bottom. A position north can be established @ the bottoms third attempt or at the neckline break.
Hi Mauro,
ReplyDeleteHave you seen GBPJPY?
What is your take on it?
I think it will break the 2009 lows and go down very soon
Best!
Before that, it has to take out the low of 2011. ;-)
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