Compound hit bottom. This is a trade setup that recently went badly for us, it failed but, I would like to try again.
There is a clear double-bottom signal, short-term, and a long-term higher low. This chart setup is perfect for a new bullish jump. Truly a great set up based on the chart structure and signals.
Notice the volume. Always the volume. There is no volume on the bearish wave. Notice the strong volume within the bullish wave.
That is all I have to say. I am going LONG. Full trade-numbers below:
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.