High risk trade, as a support had already being formed.
Nothing stops it from being a double bottom, or inverse H&S, if that's the intended.
Trade set-up is shorting from the middle of channel to two TP levels,
First to previous low, second to TP as shown in chart.
Careful.
Nothing stops it from being a double bottom, or inverse H&S, if that's the intended.
Trade set-up is shorting from the middle of channel to two TP levels,
First to previous low, second to TP as shown in chart.
Careful.
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Disclaimer
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.