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EURUSD Extended V Bottom On Daily Time Frame

Discussion in 'Technical Analysis' started by Kaitlin, Feb 18, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    EURUSD has made the Extended V Bottom on daily chart. The characteristic of this pattern is that the price of the V bottom will form a reversal that is followed by a down-sloping trend line or channel usually in the form of a triangle or pennant.[​IMG]

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