Triple bottom around 105.300 Strong long term bullish signal.
A Triple bottom is a strong and reliable reversal signal. eurusd has significantly bounced of the 105.300 region twice this year already both times producing a bullish push of over 800 pips. Sokyu Homna the famous Japanese rice trader who was made an honorable samurai due to his trading ability taught buy a triple bottom sell a triple top. A complex corrective pattern has held this pair sideways for nearly 12 months. I think many have mistaken the end of this sideways corrective pattern as a bearish impulse.
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