On 1 hour time frame is possible to assume that bottom is in.
because closed above 50 ema and W double bottom
bullish scenario
resistances 2.87, 3.22 W pattern target, 3.44, 3.6
bearish scenario
supports 2.67 in 50 ema, 2.63, 2.49 pivot low, 2.2
because closed above 50 ema and W double bottom
bullish scenario
resistances 2.87, 3.22 W pattern target, 3.44, 3.6
bearish scenario
supports 2.67 in 50 ema, 2.63, 2.49 pivot low, 2.2
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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.