The same divergence and double bottom happened in December 2014, on your chart. I would also want to see it break the declining trendline before going long.
jossie
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@tristan.rhodes actually its a huge difference compared to 2014 december.
Failed double bottom. failed macd signals.
To much failed signals on other indicators to.
while on this signal we had a gap up which broke the down trend.
double bottom indicating reversal
macd triangle pattern including break out
also some stoch indication and some other indicators lining up, whit high prob patterns in it.
this wasn't the case in 2014 this mostly is the reason why it failed in 2014.