We could have bottomed here, with that fake breakout. As long as 1240 not taken out, we should be flying.
Comment:
Forgot to include my counts but prices rebounded exactly at 1.618
Forgot to include my counts but prices rebounded exactly at 1.618
Comment:
For it to be a valid Dbl bottom, we should have big strong candles to bull from here. Price creating another flag right below the "original" broken TL, not a good sign for bull. Am out from longs, will wait for break of this flag.
For it to be a valid Dbl bottom, we should have big strong candles to bull from here. Price creating another flag right below the "original" broken TL, not a good sign for bull. Am out from longs, will wait for break of this flag.
Updated daily channel, this double bottom is valid, breaking 54, target 1336