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Tag archive for ‘double bottom’
The AUD/USD seems to have bottomed out at 0.8641. The double bottom formation at that key support level signals time is ripe for taking long positions.
By ProfitEase.com On Tuesday, October 7th, 2014
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AUD/USD double bottom at 0.8650 provides good buying opportunities!

The AUD/USD slide that we have been witnessing since early September seems to have bottomed out at 0.8641, at least in the mid-term. This week’s impulsive movement to the upside has resulted in a double bottom More...

After the protracted selloff from 1.7190, the GBP/USD found support at 1.6535. The double bottom it made on that level is a clear reversal signal, at least for the near term.
By ProfitEase.com On Sunday, August 31st, 2014
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GBP/USD – Weekly Technical Analysis (01.09.2014-05.09.2014)

After the protracted selloff from 1.7190, the GBP/USD found support at 1.6535. The double bottom it made on that level (see chart) is a clear reversal signal, at least for the near term. We expect a break through More...

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