Looking for A Trend Reversal Formation that is most likely to make a 1.272 Measured Move to the upside. (Looking at a Bullish Point of View)
NOTE: This is an Exercise Practice for my Paper Trading testing of Strategies. This is not a financial advice. I am still a Student.
(DAILY INTERVAL CHART)
This is my practice exercise for my homework for a minimalist approach to chart analysis (No INDICATORS).
Using Range Boxes as Zones of interest, especially the tops and bottoms of it.
A Reversal (Double Bottom) is likely to happen if it forms new support candle stick pattern within the small box bottom in a couple of hours.
If not, look...