double bottom
this to me is a very powerful set up because its a multisession double bottom that has taken 2 days to form. the market has been dropping very aggressively and hasnt made any corrections. it has reached a support zone on the daily and it closed with a bullish pin bar on the 1 hour respecting the support zone perfectly.
Note
take profit hit
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.