After a sharp drop, we see the formation of a DOUBLE BOTTOM pattern
The neck line of the DOUBLE BOTTOM is broken and with this growth, it is pulled back
I know the probability of the continuation of the fall is higher when we are below the resistance ZONE specified in the figure!!
The targets are shown in the figure
Do you agree??
The neck line of the DOUBLE BOTTOM is broken and with this growth, it is pulled back
I know the probability of the continuation of the fall is higher when we are below the resistance ZONE specified in the figure!!
The targets are shown in the figure
Do you agree??
Note
TARGET 1 REACHED
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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.