We have a descending channel that is at our double Bottom area, Price might keep bearish impulse down and break double bottom level to catch traders on wrong side of the market. What we are waiting for is the bullish impulse with continuation to complete inverse Head and Shoulder pattern where we would enter to get Long.
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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.