IS CABLE DOUBLE BOTTOM ENOUGH FOR BULLISH RUN?

The cable has been in a downtrend, however, for the past six weeks, GBPUSD has not closed below 1.30597. Any time price goes past this level, buyers have always send price up! Is 1.30597 a significant level in a channel?

NOTE:
1. This is a reversal trade and more risky but highly rewarding
2. This is a pattern trade
3. Short trade on GBPUSD advisable, after the pullback.


N.B
- Let emotions and sentiments work for you
-ALWAYS Use Proper Risk Management In Your Trades