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EURUSD 4H potential Double bottom

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Euro / Dollar AS (FX:EURUSD)  
RTED_Investing  
FX:EURUSD   Euro / Dollar AS
Support and Resistance Double Top or Bottom Oscillators EURUSD Double Bottom 618 Fibonacci Retracement rsidivergence
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supportandresistance doubletoporbottom oscillator eurusd doublebottom 618fibonacciretracement rsidivergence
The EURUSD on a 4H chart shows a drop down to a strong support range (Orange range) which aligns with the 0.618 Fib. Around those levels, the price started forming a potential double bottom.

For the pattern to be valid, the price needs to go up without dropping below the low points and produce an effective breakout above the neckline range ( Blue range )

Additional confluence: RSI is showing a Divergence
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