My charts are simple, to the point. I hate to see a lot of trendlines, indicators bla bla as I strongly believe trading doesn't require all those gibberish analysis that really confuses instead of simply explains things. Support and resistance is all i need to make 80% of my analysis, I put up indicators when I just want to get confirmation of my hypothesis

So as always, I bring you another simple analysis:


W formation, or double bottom. You can also see it as a symmetrical triangle that will break bullish on all larger timeframe

SL: 0.70
TP1: 2.00


The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.