- A Triple bottom has occurred and as we can see price has come to retest the neckline of the Triple bottom pattern.
- Will be looking to go long providing we can get a Bullish candlestick formation such as the Engulfing or Bullish hammer.
- Will be looking to go long providing we can get a Bullish candlestick formation such as the Engulfing or Bullish hammer.
Note
- The neckline also happens to be of previous key support on the Daily time frame which gives us a nice confluence of factors
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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.