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John_Florence
2 Jul 2019 pukul 16.36

Double bottom and inverted H&S 

British Pound Currency IndexTVC

Huraian

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?

Komen

And please excuse my drawing skills, don't have much time to dabble with colors and prefect shapes, but the messsage is clear imo.

Komen

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.

Komen

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.

Komen

Structure broken, hyopthesis invalid, currency index made lower low and is outright bearish.
Lebih