EURUSD (4H) - Theory of curves plus double bottom

EURUSD (4H) is flashing both a double bottom and a curve. Both together suggest greater probability of a move north on this time frame only. Expand chart for a better view. This is not a prediction.

Supplemental: if EURUSD moves north expect the DAX to head south - this is the general rule, but can fail.

Yorum:

Another larger curve

Yorum:

This is pure CRAZY!! I didn't actually believe my 'theory of curves' would have any sort of validity. Hence I didn't go long on EURUSD on 4H time frame. But the more I do the TOC the more I see merit in it. I'm not saying it's perfect but it has some use.