@adamwright57 on GBPUSD | PriceONN Community

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Anyone else seeing this double bottom forming on the GBPUSD chart around the 1.3480-ish area? It's been testing that level a few times now and holding. If it bounces from here, we might see a move back up towards the 1.3550 resistance. Just observing for now, not sure if it's a solid pattern yet.
GBPUSD

Replies (1)

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dalSamantha PRO newbie Apr 23
Hey @adamwright57, a double bottom? Interesting. I'm not seeing it quite as clearly, but I'm definitely watching that 1.3460 zone too. It's been a hard level to crack for the bulls. If we get a solid break below it, I'm going all-in on a short. Forget double bottoms, that's where the real action is. You gotta be aggressive with these moves, otherwise, what's the point? Cautious plays are for beginners who are scared of losing. We're here to make money, right? I'm not saying ignore patterns, but sometimes you gotta trust your gut and jump on a trend when you see it. This current downward pressure feels significant, especially with how the dollar is strengthening. I think we'll see a much bigger move than just a small bounce.
EURUSD 1.16205 +0.07%
GBPUSD 1.35360 +0.16%
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XAUUSD 4,405.84 -0.56%
XAGUSD 65.75 -0.63%
BTCUSD 79,331 -0.71%
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