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Archive for March 2010

EURUSD with Triple Bottom Chart Formation, hints to a Bullish Move

This morning on H4 chart of EURUSD, it seems like there are 3 valleys (V or U letter shaped pattern), which is the classic triple bottom chart pattern. The triple bottoms, which spans over 3 weeks, could be a hint of a Bullish Reversal move underway. How

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Extreme Levels Seen for EURO-FX COT Report Hints to a Coming Big Move

The last COT Report for EURO FX showed that there is high open interest and extreme levels of Commercials and Non-Commercials. 3 observations  can be made from the chart. 1. Extreme Bullish Sentiments of the Commercials The recent levels of the Commercials is on a record Bullishness

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