HIQ -
A double bottom will be confirmed if it 1st continues to decline - tracking down below an 8EMA to 2.1 (the 1st bottom reached on 02 Nov.) - and does not fall below that over succeeding days, but instead bounces or trades up a few pips from there and stays there in a consolidating way, or steadily rises slowly. All IMO.
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- Afternoon trading December 30
Afternoon trading December 30, page-96
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