{"id":252815,"date":"2025-10-19T01:30:00","date_gmt":"2025-10-19T08:30:00","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=252815"},"modified":"2025-10-18T09:35:22","modified_gmt":"2025-10-18T16:35:22","slug":"weekly-eurusd-double-bottom-bull-flag","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/es\/analysis\/weekly-eurusd-double-bottom-bull-flag\/","title":{"rendered":"Weekly EURUSD Double Bottom Bull Flag"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Market Overview: EURUSD Forex<\/h2>\n\n\n\n<p>The marker formed a weekly <strong>EURUSD <\/strong>double bottom bull flag around the 20-week EMA. The bulls see the current move as a pullback and want it to be weak and sideways. They want the 20-week EMA or the August 1 low to act as support. The bears must create consecutive bear bars closing near their lows, breaking far below the 20-week EMA and the August 1 low to increase the odds of a reversal.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">EURUSD Forex market <\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">The <em>Weekly<\/em> EURUSD chart<\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/10\/EURUSD-Weekly-Large-Double-Bottom-Bull-Flag.jpg\" target=\"_blank\" rel=\" noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/10\/EURUSD-Weekly-Large-Double-Bottom-Bull-Flag-680x383.jpg\" alt=\"EURUSD Weekly - Large Double Bottom Bull Flag, Weekly EURUSD Double Bottom Bull Flag\" class=\"wp-image-252900\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/10\/EURUSD-Weekly-Large-Double-Bottom-Bull-Flag-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/10\/EURUSD-Weekly-Large-Double-Bottom-Bull-Flag-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/10\/EURUSD-Weekly-Large-Double-Bottom-Bull-Flag-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/10\/EURUSD-Weekly-Large-Double-Bottom-Bull-Flag-1536x864.jpg 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/10\/EURUSD-Weekly-Large-Double-Bottom-Bull-Flag.jpg 1920w\" sizes=\"auto, (max-width: 680px) 100vw, 680px\" \/><\/a><\/figure>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<ul class=\"wp-block-list\">\n<li>This week\u2019s candlestick on the <a href=\"https:\/\/www.investing.com\/currencies\/eur-usd\" rel=\"noopener\">weekly EURUSD Forex chart<\/a> was an inside bull doji closing around the middle of its range with prominent tails.<\/li>\n\n\n\n<li><a href=\"https:\/\/www.brookstradingcourse.com\/analysis\/large-weekly-eurusd-double-bottom-bull-flag\/\" target=\"_blank\" rel=\"noreferrer noopener\">Last week<\/a>, we said traders would observe whether the bears could create more follow-through selling, breaking below the 20-day EMA, or if the pullback phase would lack follow-through selling, stalling above the 20-week EMA or the August 1 low area instead.<\/li>\n\n\n\n<li>So far, the pullback is stalling above the 20-week EMA area.<\/li>\n\n\n\n<li>The bears created a second leg sideways to down test the 20-week EMA recently (Oct 9).<\/li>\n\n\n\n<li>They want the upper third of the multi-year trading range, or the May 2021 high, to act as a resistance area. They want the move to form a lower high (vs Jan 2021).<\/li>\n\n\n\n<li>They view the recent move (Sep 17) as a retest of the prior trend&#8217;s extreme high (Jul 1) and want a failed breakout.<\/li>\n\n\n\n<li>They want a reversal from a higher high major trend reversal pattern and a wedge pattern (Apr 21, Jul 1, and Sept 17).<\/li>\n\n\n\n<li>They must create consecutive bear bars closing near their lows, breaking far below the 20-week EMA and the August 1 low to increase the odds of a reversal.<\/li>\n\n\n\n<li>If the market trades higher, they want it to stall below the September 17 high, forming a small double top.<\/li>\n\n\n\n<li>The bulls got a large wedge pattern (Apr 21, Jul 1, and Sept 17), but the breakout above the July 1 high was not strong (Sep 17).<\/li>\n\n\n\n<li>They see the current move as a pullback and want it to be weak and sideways (long tails below candlesticks, doji(s), overlapping candlesticks).<\/li>\n\n\n\n<li>They want the 20-week EMA or the August 1 low to act as support, forming a large double bottom bull flag (Aug 1 and Oct 9).<\/li>\n\n\n\n<li>The bulls need to create strong consecutive bull bars trading above the July 1 high to increase the odds of a resumption of the trend.<\/li>\n\n\n\n<li>So far, the market has formed a pullback and is stalling above the 20-week EMA.<\/li>\n\n\n\n<li>The market has been in a trading range for the last 18 weeks.<\/li>\n\n\n\n<li>Traders may BLSH (Buy Low, Sell High) within the trading range. That means buying in the lower third and selling in the upper third of the trading range until a strong breakout from either direction with sustained follow-through movement.<\/li>\n\n\n\n<li>Traders will see if the pullback phase continues to lack follow-through selling, stalling above the 20-week EMA. If this remains the case, the odds of the pullback being minor, followed by a retest of the recent high (Sept 17) will increase.<\/li>\n\n\n\n<li>Or will the bears be able to create bear bars closing below the 20-week EMA instead?<\/li>\n\n\n\n<li>For now, odds slightly favor the pullback to be minor.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">The <em>Daily<\/em> EURUSD chart<\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/10\/EURUSD-Daily-Large-Double-Bottom-Bull-Flag-Middle-of-TR.jpg\" target=\"_blank\" rel=\" noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/10\/EURUSD-Daily-Large-Double-Bottom-Bull-Flag-Middle-of-TR-680x383.jpg\" alt=\"EURUSD Daily - Large Double Bottom Bull Flag, Middle of TR\" class=\"wp-image-252901\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/10\/EURUSD-Daily-Large-Double-Bottom-Bull-Flag-Middle-of-TR-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/10\/EURUSD-Daily-Large-Double-Bottom-Bull-Flag-Middle-of-TR-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/10\/EURUSD-Daily-Large-Double-Bottom-Bull-Flag-Middle-of-TR-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/10\/EURUSD-Daily-Large-Double-Bottom-Bull-Flag-Middle-of-TR-1536x864.jpg 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/10\/EURUSD-Daily-Large-Double-Bottom-Bull-Flag-Middle-of-TR.jpg 1920w\" sizes=\"auto, (max-width: 680px) 100vw, 680px\" \/><\/a><\/figure>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The market traded sideways early in the week, followed by a retest of the 20-day EMA. Friday traded higher but reversed and closed below the 20-day EMA.<\/li>\n\n\n\n<li><a href=\"https:\/\/www.brookstradingcourse.com\/analysis\/large-weekly-eurusd-double-bottom-bull-flag\/\" target=\"_blank\" rel=\"noreferrer noopener\">Last week<\/a>, we said traders would observe whether the bears could create sustained follow-through selling, breaking below the August 1 low, or if the market would stall and reverse above the 20-day EMA instead.<\/li>\n\n\n\n<li>The bears view the recent move (Sep 17) as a retest of the prior high (Jul 1) and a failed breakout.<\/li>\n\n\n\n<li>They want a reversal from a higher high major trend reversal, and a large wedge pattern (Apr 21, Jul 1, and Sep 17).<\/li>\n\n\n\n<li>They see the current move as a pullback and want it to form a lower high. They see a double top bear flag forming (Oct 1 and Oct 17).<\/li>\n\n\n\n<li>They want the 20-day EMA or the bear trend line to act as resistance, followed by another sideways to down leg to form the wedge pattern (first two legs being Sept 25 and Oct 9).<\/li>\n\n\n\n<li>They must create strong consecutive bear bars trading far below the 20-day EMA and the August 1 low to increase the odds of a reversal.<\/li>\n\n\n\n<li>If the market trades higher, they want it to form a lower high major trend reversal and a double top (Sept 17).<\/li>\n\n\n\n<li>The bulls create a breakout above the July 1 high (Sep 17), but the move lacked sustained follow-through buying.<\/li>\n\n\n\n<li>They see the current move as a two-legged pullback (Sep 25 and Oct 9).<\/li>\n\n\n\n<li>They want a reversal from a large double bottom bull flag (Aug 1 and Oct 9) and a smaller double bottom bull flag (Sep 25 and Oct 9).<\/li>\n\n\n\n<li>If the market trades lower, they want the October 9 low to act as support, forming a wedge bull flag (the first two legs being Sep 25 and Oct 9).<\/li>\n\n\n\n<li>They need to create strong consecutive bull bars trading above the 20-day EMA to show they are back in control.<\/li>\n\n\n\n<li>The market has been in a trading range for the last 88 trading days. Traders may BLSH (Buy Low, Sell High) within the trading range.<\/li>\n\n\n\n<li>That means buying from the lower third and selling from the upper third of the trading range until a strong breakout from either direction with sustained follow-through movement.<\/li>\n\n\n\n<li>The market is currently trading around the middle of the trading range, which can be an area of balance and a magnet.<\/li>\n\n\n\n<li>Traders will see if the bears can create a third leg sideways to down to retest the October 9 or August 1 low.<\/li>\n\n\n\n<li>Or will the bulls be able to create a retest of the September 17 high instead?<\/li>\n\n\n\n<li>For now, the pullback appears to be minor.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Market analysis reports archive<\/h3>\n\n\n\n<p>You can access all weekend reports on the <a rel=\"noreferrer noopener\" class=\"rank-math-link\" href=\"https:\/\/www.brookstradingcourse.com\/blog\/analysis\/\" target=\"_blank\">Market Analysis<\/a> page.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\" \/>\n","protected":false},"excerpt":{"rendered":"<p>Market Overview: EURUSD Forex The marker formed a weekly EURUSD double bottom bull flag around the 20-week EMA. The bulls see the current move as a pullback and want it to be weak and sideways. They want the 20-week EMA or the August 1 low to act as support. The bears must create consecutive bear [&hellip;]<\/p>\n","protected":false},"author":2836,"featured_media":252900,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"shadow","_genesis_layout":"","footnotes":""},"categories":[1842,136],"tags":[281],"class_list":{"0":"post-252815","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-forex","8":"category-analysis","9":"tag-eurusd-forex","10":"entry","11":"override","12":"shadow"},"featured_image_src":"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/10\/EURUSD-Weekly-Large-Double-Bottom-Bull-Flag.jpg","author_info":{"display_name":"Andrew","author_link":"https:\/\/www.brookstradingcourse.com\/es\/author\/andrewa\/"},"_links":{"self":[{"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/posts\/252815","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/users\/2836"}],"replies":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/comments?post=252815"}],"version-history":[{"count":0,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/posts\/252815\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/media\/252900"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/media?parent=252815"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/categories?post=252815"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/tags?post=252815"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}