Price makes a lower lows and breaks descending trendline and drops quickly because of bad news CPI (QoQ) (Q1) announced as 0.0%
Now price makes a double bottom and rejects
We can go long on NC and aim for descending main trendline
Now price makes a double bottom and rejects
We can go long on NC and aim for descending main trendline
Note
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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.