Forex Blog |  Double Bottom

GBP/JPY Performed a Double Bottom

GBP/JPY: Double Bottom on The D1 Chart

GBP/JPY Performed a Double Bottom After MACD Divergence. Wednesday 25/09/2019 If we look at the GBP/JPY D1 chart, we can see that the price has performed a double bottom pattern below. A double bottom is a reversal pattern in the forex market. It usually shows

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Double Bottom Indicates the Downtrend Ended

GBP/JPY: Double Bottom Indicates the Downtrend Ended

CCI and MACD Divergence Confluence With Double Bottom Sunday  08/09/2019 The double bottom pattern is one of the reversal patterns in the forex market. It usually formed after an extended downtrend when two valleys formed at the same level. The sellers weren’t able to go

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