This is reversing and the reversal pattern is still in play and may be over at any moment.
We have the buy signal on the hour 1 time frame but price fell back into the correction pattern.
I believe its safe to buy ... but you could use a buy stop order as well...
Good Luck
This Chart Pattern is a Double Bottom Trend Reversal Pattern meaning the trend could change from a downtrend to a uptrend.
We have the buy signal on the hour 1 time frame but price fell back into the correction pattern.
I believe its safe to buy ... but you could use a buy stop order as well...
Good Luck
This Chart Pattern is a Double Bottom Trend Reversal Pattern meaning the trend could change from a downtrend to a uptrend.