Guild esports (GILD) LSE. ? reversal pattern

As seen in the graphic following the news of the termination of three-year sponsorship deal with a European fintech company on the 22nd Oct the price plummeted down breaking the essential support at 5.00, It started a descending channel down to 3.75.
My Idea is that there could be a possible double bottom with a reversal pattern as indicated by the drawings.

Let me know in the comment what you think .

Chart PatternsTrend Analysis

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