WAVE | Parallel Channel | Doubled Bottom Breakout Trade Setup
Updated
Price Action & Chart Pattern Medium Term Trading
> Parallel Channel Trade Setup
> Doubled Bottom | Entry @ Breakout
Indicator:
> Smart Money & Banker Chip Volume Support Timeframe 4H
> BBD bullish signal crossed above baseline
> Fundflow uptrend reversal pattern
> KDJ ribbon changing to uptrend
Trade with affordable risk ratio 2.5:1 for medium term trade
Always respect your stoploss
> Parallel Channel Trade Setup
> Doubled Bottom | Entry @ Breakout
Indicator:
> Smart Money & Banker Chip Volume Support Timeframe 4H
> BBD bullish signal crossed above baseline
> Fundflow uptrend reversal pattern
> KDJ ribbon changing to uptrend
Trade with affordable risk ratio 2.5:1 for medium term trade
Always respect your stoploss
Trade active
Target minor wave 3 approaching @ 1.618 fib extension:Comment
WAVE price this week declined to its key level support EMA50 X EMA200 retesting its breakout zone, still possible for a breakout above it resistance - RSI slightly below 50: 
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