If you have been following me for a while then you know I am a huge fan of Double bottom & double Top, they are one of the simplest patterns that you can find on the chart, I have been trying to learn BAT/Cypher patterns & the only way to do it is practice
So here's another one why I feel this is the double bottom is the cause of we have been seeing some consolidation around the support,
Also there is a triangle forming
I mentioned yesterday that I am interested in longing if the daily candle is able to close above 7181 & I feel there is one final push left in the tank on the upside before we head down to lower levels of the wedge -
So risk-takers can enter a long trade based on the chart, Manage your position size accordingly & Never trade more than you can afford
I will also enter short as per my previous analysis - It is still valid only delayed,
You can track that idea here
make sure to leave a comment & if you agree then hit that thumbs up
#DYOR
remember I am not a financial advisor & this are all just my thoughts :)
So here's another one why I feel this is the double bottom is the cause of we have been seeing some consolidation around the support,
Also there is a triangle forming
I mentioned yesterday that I am interested in longing if the daily candle is able to close above 7181 & I feel there is one final push left in the tank on the upside before we head down to lower levels of the wedge -
So risk-takers can enter a long trade based on the chart, Manage your position size accordingly & Never trade more than you can afford
I will also enter short as per my previous analysis - It is still valid only delayed,
You can track that idea here
make sure to leave a comment & if you agree then hit that thumbs up
#DYOR
remember I am not a financial advisor & this are all just my thoughts :)