Double bottom after extended down trend.
1. Momentum and OBV divergence
2. Double bottom
3. Broken down trend line
4. Out of oversold
Buy signal: 1hr closes above market structure high
Target: 50% retracement of previous move down.
2. Double bottom
3. Broken down trend line
4. Out of oversold
Buy signal: 1hr closes above market structure high
Target: 50% retracement of previous move down.
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