We have identified a double bottom pattern followed by a breakout. Currently, we are observing a double pullback, which presents an opportunity to enter a long position.
WE ONLY TRADE PULLBACKS
WE ONLY TRADE PULLBACKS
Trade closed manually
Price made a lower low of a pullback, showing lack of bullish momentumNote
I followed using the 1 hour 20 MA and it brokeRelated publications
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.