We are seeing in Daily timeframe price action is still in overall uptrend
==> Price in H4 and H1 is retesting the support area and also price is forming a double bottom
==> Price action is now retraced after breaking the neckline of the double bottom which give it a nice risk to reward setup for a continuation based on the range of the double bottom length
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==> Price in H4 and H1 is retesting the support area and also price is forming a double bottom
==> Price action is now retraced after breaking the neckline of the double bottom which give it a nice risk to reward setup for a continuation based on the range of the double bottom length
Follow me for more breakdown like this
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