Formation of a "Double-bottom" figure
After today's breakdown to the 88$ bottom and considering the size of the little bullish trend after the minimum of 68$ of the previous days. The next days we could see the formation of a double bottom chart figure, an indicator of a bullish changing trend. So, previously, we would see the chart go down again to the 68$ as a bottom to finally rise again as a periodic bullish waves to prices even above of the 120-130$ with 140 as a final top and breaking sown again.
The double bottom will occur in the first week of august, and the raise will occur after that in a 2 months period range
The double bottom will occur in the first week of august, and the raise will occur after that in a 2 months period range
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