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How can we analyze the Daily chart of EUR/USD - the hottest pair today
Since March we can see very interesting formed and forming patterns. First it formed a false double top. Since the middle of April to middle of May there was a trend to reach the maximum of the pair =1.146 It was again with similar to triple top and/or channel up pattern. After this the big correction came to fall to the bottom of the Ichimoku cloud and after forming the second bottom it again started a trend…
How can we analyze the Daily chart of EUR/USD - the hottest pair today
Since March we can see very interesting formed and forming patterns. First it formed a false double top. Since the middle of April to middle of May there was a trend to reach the maximum of the pair =1.146 It was again with similar to triple top and/or channel up pattern. After this the big correction came to fall to the bottom of the Ichimoku cloud and after forming the second bottom it again started a trend…