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DrDovetail

Nasdaq micro futures attempting a 1hr chart double bottom?

Micro E-mini Nasdaq-100 Index Futures (CME_MINI:MNQ1!)  
DrDovetail Updated   
CME_MINI:MNQ1!   Micro E-mini Nasdaq-100 Index Futures
Chart Patterns mnq nasdaq Double Bottom 1hr 1hrchart
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chartpattern mnq nasdaq doublebottom 1hr 1hrchart
1 hour chart can be unpredictable but as of now it looks like this pattern wants to validate. Of course market closing in 11 minutes will postpone it from happening before close most likely, and a retest if the neckline is always a good possibility. *not financial advice*
Comment:
As with many patterns this one eventually got within a pip or so of its target before finally collapsing.
Comment:
The smart trader takes profit just before a target hits not directly at it.
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