SC Double Bottom Pattern Trade
SC found a mini bottom plus strong support at 160 twice under 15 days on 1 day chart, price just broke the neckline of the mini double bottom.
A clear confirmation of double bottom and good long entry price.
First major resistance is sitting at 213-215, with a healthy pull back to 195-200. If the trade volume bar is raised as expected with some FOMO, price have the high tendency to rise to 240.
Goodluck!
A clear confirmation of double bottom and good long entry price.
First major resistance is sitting at 213-215, with a healthy pull back to 195-200. If the trade volume bar is raised as expected with some FOMO, price have the high tendency to rise to 240.
Goodluck!
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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.