EURCAD has made one of the chart patterns called " Double Bottom" and let me explain to you easily how it works? and become reliable fit strategy for u?
Double bottom is one of the profitable chart patterns strategy to use and it formed to the downside of the market, it tells you that the market is ready to reverse which I mean sellers will loose their control and buyers are ready to enter. when u see this pattern wait for confirmations by breaking the candles the inside central of the chart like "W", after breaking wait to retest on the center leg of "W" with confirmations like indicators you use or price actions, or trendline or support and resistance what ever type f trader you are.
if you confuse these explanation watch the chart "EURCAD" you have the best example in the chart picture the way I did easily and clearly with concise of understanding. Do not forget this notice I want before January to achieve more than 1K Followers at trading view and this helps and motivates snipper to publish many analysis.
Follow, Like, and Comment is for you.
Double bottom is one of the profitable chart patterns strategy to use and it formed to the downside of the market, it tells you that the market is ready to reverse which I mean sellers will loose their control and buyers are ready to enter. when u see this pattern wait for confirmations by breaking the candles the inside central of the chart like "W", after breaking wait to retest on the center leg of "W" with confirmations like indicators you use or price actions, or trendline or support and resistance what ever type f trader you are.
if you confuse these explanation watch the chart "EURCAD" you have the best example in the chart picture the way I did easily and clearly with concise of understanding. Do not forget this notice I want before January to achieve more than 1K Followers at trading view and this helps and motivates snipper to publish many analysis.
Follow, Like, and Comment is for you.