High risk trade, as a support had already being formed.
Nothing stops it from being a double bottom, or inverse H&S, if that's the intended.
Trade set-up is shorting from the middle of channel to two TP levels,
First to previous low, second to TP as shown in chart.
Careful.
Nothing stops it from being a double bottom, or inverse H&S, if that's the intended.
Trade set-up is shorting from the middle of channel to two TP levels,
First to previous low, second to TP as shown in chart.
Careful.