hi traders
We can see a potential double bottom pattern on the weekly time frame.
The price is still at the potential bottom and it's easy to strategize the trade here.
Entry, target, take profit and stop loss are shown on the chart.
If the key support fails, it would be an invalidation of the double bottom formation and the long positions should be closed.
We can see a potential double bottom pattern on the weekly time frame.
The price is still at the potential bottom and it's easy to strategize the trade here.
Entry, target, take profit and stop loss are shown on the chart.
If the key support fails, it would be an invalidation of the double bottom formation and the long positions should be closed.
Trade active:
entered long
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