1) Price has formed what SEEMS like a double bottom
2) There SEEMS to be a cup and handle formation as well
BUT wait for price to break either the previous high of the cup and handle formation or the neckline of the double bottom before going LONG. Price may reach the weekly zone that I've marked out on the charts.
Always practice proper risk management.
hope all have a happy and boring trading day.
2) There SEEMS to be a cup and handle formation as well
BUT wait for price to break either the previous high of the cup and handle formation or the neckline of the double bottom before going LONG. Price may reach the weekly zone that I've marked out on the charts.
Always practice proper risk management.
hope all have a happy and boring trading day.
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.