We could have bottomed here, with that fake breakout. As long as 1240 not taken out, we should be flying.
Note
Updated daily channel, this double bottom is valid, breaking 54, target 1336
Note
Forgot to include my counts but prices rebounded exactly at 1.618
Note
For it to be a valid Dbl bottom, we should have big strong candles to bull from here. Price creating another flag right below the "original" broken TL, not a good sign for bull. Am out from longs, will wait for break of this flag.
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.
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.