FarhanZidan

EURUSD Double Bottom Price Going Up

OANDA:EURUSD   Euro / Dolar A.S.
Hello Guys, Based on the 1 H time frame chart for EURUSD we can see that price was failed to make the lower low and stopped at the demand zone around 0.99384-0.99503. for that situation we can see the double bottom pattern at that area so we expect that the price want to go higher to find the supply above.

Guys, If we look to the awesome oscilator also we can see the divergen which is at the chart price make the lower low (Increasing Bearish) but at the awesome oscilator the price make the higher high (Increasing Bullish).
Penafian

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