US500 has been down trending for almost 2 weeks, after the 3rd impulse to the down side we expect market to reverse back up for that double bottom especially after today's CPI news, inflation rate in the US reached 8.5%.
My confirmation to take this trade are:
- Bullish candlesticks forming a double bottom setup
- Bullish Volume
- RSI bullish divergence
My confirmation to take this trade are:
- Bullish candlesticks forming a double bottom setup
- Bullish Volume
- RSI bullish divergence
Trade active
I got filled and I am in green :)Trade closed: target 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.