This is pure structure, but can also be called cycle bottom. I actually learned the power that this pattern and structure have by backtesting Double tops/bottoms. It is nothing fancy, just basic understanding of structure and how the market moves.
I hope you are having a wonderful week in the markets! Please do not hesitate to comment your opinions or ask questions.
And, like always, follow your plan!
I hope you are having a wonderful week in the markets! Please do not hesitate to comment your opinions or ask questions.
And, like always, follow your plan!
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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.
Related publications
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.