✳️ Automata Bottom Pattern Vs Strong Classic Signals
Updated
We are very familiar with this pattern as it repeats over and over through many charts; The Adam & Eve bottom pattern.
First we have a pointed low followed by a rounded one.
Notice the downtrend (orange channel) leads to sideways (blue channel) and then a drop which ends up as a bottom pattern.
Once ATABTC moves back above the blue channel price range then the bottom pattern would be the stop-loss hunt area.
Classic Signals
➖ High/rising volume.
➖ Moving above EMA50.
➖ Strong RSI.
➖ Multiple green sessions in succession.
➖ Full green candles.
Namaste.
First we have a pointed low followed by a rounded one.
Notice the downtrend (orange channel) leads to sideways (blue channel) and then a drop which ends up as a bottom pattern.
Once ATABTC moves back above the blue channel price range then the bottom pattern would be the stop-loss hunt area.
Classic Signals
➖ High/rising volume.
➖ Moving above EMA50.
➖ Strong RSI.
➖ Multiple green sessions in succession.
➖ Full green candles.
Namaste.
Comment
This one is going nicely.Current action is indicative of additional growth.
We continue waiting patiently to hit our target with a total of 250% or more.
Patience is key!
Comment
We are up at 100% on this pair but this is not all, we wait patiently for higher targets.
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