Today Economic Calendar GMT
High volatility expected on USD pairs

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✔️ GOLD Trail VIP Signal Today Hit TP3💥💥🎯➕400 PIPS 💵🔥 😎😎

Today Economic Calendar GMT
High volatility expected on GBP and CAD pairs

✔️GOLD VIP Signal Today Hit TP4💥💥🎯➕570 PIPS 💵🔥 😎😎 close half order and move SL to break-even if u r conservative trader or u have small account 👌

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✔️ GOLD Trail VIP Signal Today Hit TP4💥💥🎯➕560 PIPS 💵🔥 😎😎

Double Bottom Chart Pattern

The double bottom is a trend reversal formation, we are looking to go for long position.

These formations occur after extended downtrends when two valleys or “bottoms” have been formed.

You can see from the chart above that after the previous downtrend, the price formed two valleys because it wasn’t able to go below a certain level.

Notice how the second bottom wasn’t able to significantly break the first bottom.

This is a sign that the selling pressure is about finished, and that a reversal is about to occur.

The price broke the neckline and made a nice move up.

See how the price jumped by almost the same height as that of the double bottom formation?

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