retest of W (double bottom) neckline
Updated
We re going to following this thing....hugher timeframe bearish market. Should retest the W neckline to confim possible trend change (there is an higher low in place anc a guaranteed higher high).
If the price gets to the red circle, we are getting down to 4 hours ot look for a long entry
If the price gets to the red circle, we are getting down to 4 hours ot look for a long entry
Note
we are approaching the retest of the trendline before the move up. Hedge funds are running the stops of the impatient longs. Patience is the name of the game.
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