Very precise double bottom has been broken at the EUR\USD pair. Price has broken its neckline and may pull back to test it again. If it does pull back, we would enter Long trade with take profit 60 pips from the pullback location. The 4-hour chart also shows us that the EUR\USD has recently completed 23.6 Fibonacci Retracement and therefore is expected to continue its bullish movement, even beyond the current top.
More analysis:
http://www.chartsecret.com/content/60-pips-double-bottom-eurusd
More analysis:
http://www.chartsecret.com/content/60-pips-double-bottom-eurusd
