Nasdaq micro futures attempting a 1hr chart double bottom?
Updated
1 hour chart can be unpredictable but as of now it looks like this pattern wants to validate. Of course market closing in 11 minutes will postpone it from happening before close most likely, and a retest if the neckline is always a good possibility. *not financial advice*
Note
As with many patterns this one eventually got within a pip or so of its target before finally collapsing.Note
The smart trader takes profit just before a target hits not directly at it.
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.