Price has made a double bottom formation at the area that has in the past already acted as both support and as resistance. We are expecting a bullish bounce from that line, as this is how we trade the double bottom pattern. Targets are at the higher indicated blue line, and stops are just below the support line from which the price has formed a double bottom.
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Feel free to grab a copy of our Free Weekly Market Outlook here:
mailchi.mp/bc78576d6...eweeklymarketoutlook
For more content follow us on Instagram and Facebook:
https://www.instagram.com/_quantum_tech_/
https://www.facebook.com/quantumtechologies/
We wish you good luck with your trading!