Tag Archives: double bottom

Newcrest Mining – Double Bottom Buy

Technical traders may be interested in Newcrest at the moment. It looks a  chance of completing a double bottom pattern that could see it build on the initial recovery from last month’s gold “flash crash”

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Double Bottom Set up – GBP: NZD

Impressed by the interest in Michael’s Mystery Chart, I initially thought of making this set up a mystery too. I could become the Crocodile Dundee of the CMC Blog – “That’s not a mystery chart – THAT’S A MYSTERY CHART”. While as a mystery … Continue reading

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Bollinger Band Double Bottom Setup in Wheat

 I thought this may be an interesting situation for those interested in following double bottom setups

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USD: JPY – Potential central bank set-up

Dollar: Yen caught my eye when looking for charts that are interestingly placed leading into what may be a couple of big announcements from the Fed and ECB.

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Fosters at a potential bullish turning point

After the week that the markets have seen globally it’s nice to talk about something looking potentially bullish. Today that stock is Fosters (FGL). I should say from the outset that this is quite a preliminary look at the chart … Continue reading

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