Target 570. Monthly looking solid. Breakout on daily, which is typically seen as a continuation pattern. Target is based on the pole length daily flag formation (not shown) and monthly trend line as shown in pic.
Trade ist aktiv:
To identify a double bottom pattern with certainty, we need to see two distinct troughs at a similar price level, with a peak in between, and an increase in volume on the second trough. It’s also important to see the price break above the level of the resistance at the peak between the two troughs to confirm the pattern.