It looks like we will confirm the bottom soon with an Adam and Eve Double bottom pattern. A break of about $4240 should be the confirmation. Study the description and pictures in this link and tell me this isn't a perfect match. thepatternsite.com/aedb.html
When it breaks North the minimum target is $4970
I'm still long......
Good luck!
Trade active
We are getting close to breaking out of this triangle which should propel the price North to eventually confirm the Adam & Eve double bottom previously mentioned.
Trade active
Had to move my squiggle line a little bit to make a better fit but you get the idea.
Trade closed: target reached
If we can close over $4,300 that will be a solid confirmation of the bottom. Even if we get a slight pull back, the original pattern is confirmed.
I will be adding to my long position on any significant retracement in price.
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