I like to see ABCD patterns after a double bottom, especially with momentum strengthening.
This move should pan out within a week. If it doesn't, chances are the pattern isn't playing out.
Disclaimer: I'm not giving any trading and investing advice. I'm just sharing my chart observations.
If you have any symbols that you'd like me to analyze, feel free to drop me a comment.
This move should pan out within a week. If it doesn't, chances are the pattern isn't playing out.
Disclaimer: I'm not giving any trading and investing advice. I'm just sharing my chart observations.
If you have any symbols that you'd like me to analyze, feel free to drop me a comment.
Trade closed: stop reached