{"id":258959,"date":"2026-01-04T01:30:00","date_gmt":"2026-01-04T09:30:00","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=258959"},"modified":"2026-01-04T01:37:13","modified_gmt":"2026-01-04T09:37:13","slug":"monthly-eurusd-double-bottom-bull-flag","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/es\/analysis\/monthly-eurusd-double-bottom-bull-flag\/","title":{"rendered":"Monthly EURUSD Double Bottom Bull Flag"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Market Overview: EURUSD Forex<\/h2>\n\n\n\n<p>The market formed a monthly <strong>EURUSD <\/strong>double bottom bull flag (August 1 and November 5). Bulls need strong follow-through buying breaking above the September 17 high to increase the odds of the bull trend resuming. Bears want a reversal from a wedge top (April 21, July 1, and September 17) and a lower high major trend reversal (December 24).<\/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>Monthly<\/em> EURUSD Forex chart<\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/01\/EURUSD-Monthly-Double-Bottom-Bull-Flag-Bulls-Need-FT.jpg\" target=\"_blank\" rel=\" noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/01\/EURUSD-Monthly-Double-Bottom-Bull-Flag-Bulls-Need-FT-680x383.jpg\" alt=\"EURUSD Monthly - Double Bottom Bull Flag, Bulls Need FT, Monthly EURUSD Double Bottom Bull Flag\" class=\"wp-image-259141\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/01\/EURUSD-Monthly-Double-Bottom-Bull-Flag-Bulls-Need-FT-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/01\/EURUSD-Monthly-Double-Bottom-Bull-Flag-Bulls-Need-FT-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/01\/EURUSD-Monthly-Double-Bottom-Bull-Flag-Bulls-Need-FT-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/01\/EURUSD-Monthly-Double-Bottom-Bull-Flag-Bulls-Need-FT-1536x864.jpg 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/01\/EURUSD-Monthly-Double-Bottom-Bull-Flag-Bulls-Need-FT.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 December EURUSD monthly candlestick was a bull bar closing in its upper half, with a prominent tail above.<\/li>\n\n\n\n<li><a href=\"https:\/\/www.brookstradingcourse.com\/analysis\/limited-follow-through-selling-on-the-eurusd-monthly-chart\/\" target=\"_blank\" rel=\"noreferrer noopener\">Last month<\/a>, we said traders would watch whether bulls could create a strong bull entry bar in December. If so, the yearly candlestick would close near its high, increasing the odds of EURUSD trading at least slightly higher in 2026.<\/li>\n\n\n\n<li>Bulls created a decent bull entry bar in December.<\/li>\n\n\n\n<li>Bulls see the November 5 move as a pullback in a bull trend.<\/li>\n\n\n\n<li>They want the pullback to be weak and sideways, with overlapping bars, long tails below, and poor follow-through selling. So far, this remains the case.<\/li>\n\n\n\n<li>Bulls want the August low to act as support, forming a double bottom bull flag (August 1 and November 5).<\/li>\n\n\n\n<li>They need strong follow-through buying breaking above the September 17 high to increase the odds of the bull trend resuming.<\/li>\n\n\n\n<li>Bears see the September 17 rally as a bull leg in a multi-year trading range and a buy vacuum test of resistance.<\/li>\n\n\n\n<li>They want the rally to form a major lower high relative to the January 2021 high. So far, this remains the case.<\/li>\n\n\n\n<li>They see the bear trend line and the upper third of the multi-year trading range as resistance.<\/li>\n\n\n\n<li>They want a reversal from a wedge top (April 21, July 1, and September 17) and a lower high major trend reversal (December 24).<\/li>\n\n\n\n<li>Bears need consecutive strong bear bars breaking below the August low to show control.<\/li>\n\n\n\n<li>If the market trades higher, bears want it to stall around the September 17 high, forming a small double top.<\/li>\n\n\n\n<li>The buying pressure since the January low has been stronger (tight bull channel) than the selling pressure (bear bars with no follow-through).<\/li>\n\n\n\n<li>The wedge top and loss of momentum increase the odds of a minor pullback, which likely began in October.<\/li>\n\n\n\n<li>Traders will watch whether bears can create bear bars to form a second leg sideways to down, or whether the pullback remains weak and sideways as it has been through most of 2025.<\/li>\n\n\n\n<li>Otherwise, traders will see the sideways trading range as a pullback and bull flag, followed by a retest of the September high in the months ahead.<\/li>\n\n\n\n<li>For now, traders will monitor whether bulls create a strong follow-through bull bar in January to test the September 17 high, or will the market stall below that high, followed by a second leg sideways to down?<\/li>\n\n\n\n<li>For now, the November 5 pullback appears minor.<\/li>\n<\/ul>\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\/2026\/01\/EURUSD-Weekly-Bears-Want-LH-MTR-7-Bar-Bull-MC.jpg\" target=\"_blank\" rel=\" noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/01\/EURUSD-Weekly-Bears-Want-LH-MTR-7-Bar-Bull-MC-680x383.jpg\" alt=\"EURUSD Weekly - Bears Want LH MTR, 7-Bar Bull MC\" class=\"wp-image-259142\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/01\/EURUSD-Weekly-Bears-Want-LH-MTR-7-Bar-Bull-MC-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/01\/EURUSD-Weekly-Bears-Want-LH-MTR-7-Bar-Bull-MC-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/01\/EURUSD-Weekly-Bears-Want-LH-MTR-7-Bar-Bull-MC-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/01\/EURUSD-Weekly-Bears-Want-LH-MTR-7-Bar-Bull-MC-1536x864.jpg 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/01\/EURUSD-Weekly-Bears-Want-LH-MTR-7-Bar-Bull-MC.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 EURUSD candlestick was an inside bear bar closing near its low.<\/li>\n\n\n\n<li><a href=\"https:\/\/www.brookstradingcourse.com\/analysis\/weekly-eurusd-6-bar-bull-microchannel\/\" target=\"_blank\" rel=\"noreferrer noopener\">Last week<\/a>, we said traders would watch whether bulls could produce further follow-through buying toward the September 17 high, or whether the market stalls and retests the 20-week EMA.<\/li>\n\n\n\n<li>The market traded sideways to down for the week.<\/li>\n\n\n\n<li>Bulls produced a retest of the recent trend extreme high (September 17), forming a lower high on December 24.<\/li>\n\n\n\n<li>Bulls view the November 5 selloff as a pullback within a broader bull trend, forming a double bottom bull flag (August 1 and November 5).<\/li>\n\n\n\n<li>The rally from the November 21 low formed a 7-bar bull microchannel, indicating persistent buying; buyers may appear below its first pullback.<\/li>\n\n\n\n<li>If the market trades lower, bulls want the 20-week EMA to act as support, followed by at least a small sideways-to-up leg to retest the December 24 high.<\/li>\n\n\n\n<li>Bulls need a strong retest and breakout above the September 17 high to resume the bull trend.<\/li>\n\n\n\n<li>Bears want the upper third of the multi-year trading range to act as resistance, maintaining a lower high relative to the January 2021 high, which remains the case so far.<\/li>\n\n\n\n<li>Bears view the current pullback (December 24) as a retest of the prior trend extreme high and want it to stall below the September 17 high to form a lower high major trend reversal.<\/li>\n\n\n\n<li>Bears need strong consecutive bear bars breaking well below the 20-week EMA to demonstrate control.<\/li>\n\n\n\n<li>The market has been in a 29-week trading range.<\/li>\n\n\n\n<li>Until there is a clear breakout with strong follow-through, traders may continue to Buy Low, Sell High (BLSH), buying near the lower third and selling near the upper third of the range.<\/li>\n\n\n\n<li>The market is trading slightly above the middle of the range, which can act as an area of balance and a magnet.<\/li>\n\n\n\n<li>Traders will watch whether bulls can produce further follow-through buying toward the September 17 high, or whether the market stalls and retests the 20-week EMA.<\/li>\n\n\n\n<li>There could be buyers below the first pullback from the 7-bar bull microchannel.<\/li>\n\n\n\n<li>For now, the market could remain in a sideways-to-up phase, even with a pullback to the 20-week EMA in the week ahead.<\/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 market formed a monthly EURUSD double bottom bull flag (August 1 and November 5). Bulls need strong follow-through buying breaking above the September 17 high to increase the odds of the bull trend resuming. Bears want a reversal from a wedge top (April 21, July 1, and September 17) and [&hellip;]<\/p>\n","protected":false},"author":2836,"featured_media":259142,"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-258959","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\/2026\/01\/EURUSD-Weekly-Bears-Want-LH-MTR-7-Bar-Bull-MC.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\/258959","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=258959"}],"version-history":[{"count":0,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/posts\/258959\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/media\/259142"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/media?parent=258959"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/categories?post=258959"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/tags?post=258959"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}