RSI indicator indicates reversal signal. It may transform a double bottoms formation. I will follow the downtrend as a buy signal.
Confirmation & target line for double bottoms formation given on the chart.
Price is very close to strong trend line. RSI indicator gives reversal signal as well.
You can use trend line as a stop loss level and expect some correction.
Fibonacci Levels can be used for take profit levels.
Good Luck !
completed 5 wave appears... After breakout, pullback comes and failed to stay over trend line.
Primary 2nd wave is on it's way. Target is gonna be one of the Fibonacci resistance.
I will keep the post updated.