BXY is making potential double bottom and inverted HnS - this could be a start of a new epic bull run. Are you ready for it?
Nota
And please excuse my drawing skills, don't have much time to dabble with colors and prefect shapes, but the messsage is clear imo.Nota
Obviously, the inverted HnS pattern was invalidated, still long-erm double bottom theory is holding. It's all up to king dollar right now. Will observe and trade accordingly.Nota
The inverted HnS theory was invalid, however, so far the double bottom seems to be holding. Currently we have a position in GBPUSD and were able to catch the bounce.Nota
Structure broken, hyopthesis invalid, currency index made lower low and is outright bearish.
Penafian
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.
Penafian
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.