The Double Bottom Pattern on the daily chart is a trend reversal pattern. This means we should begin the uptrend now. We formed a high and you can see that price rejected hard from the second highlighted area. This is the High! Now we need a Low! .... Then we will look for the Higher High!
So I believe that price will continue to drop just for a little bit , and then go up!
So I believe that price will continue to drop just for a little bit , and then go up!