(W) Double Bottom, to validate this type of patterns I need some things
A clear bottom tested twice
A resistance breakout with a pullback testing the line that now works as a support, even this is the second resistance that the price broke,
look the numbers in Yellow this is confirmed and reconfirmed
The resistance line around 15.50 is history, now the price is above the 18.00 area.
My philosophy is that this is happening in front of my eyes (Price Action)
I'm just pointing it out, I'm not making it up, because it's happening
About the (Blue line) that is the bottom tested twice the difference in time between the first touch and the second touch is
1 Year and 4 Months (Blue Arrows) the majority of patterns that I share in my publications need more than 6 Months or even years to take shape
That's why I always publish (Confirmed Weekly Charts)
A clear bottom tested twice
A resistance breakout with a pullback testing the line that now works as a support, even this is the second resistance that the price broke,
look the numbers in Yellow this is confirmed and reconfirmed
The resistance line around 15.50 is history, now the price is above the 18.00 area.
My philosophy is that this is happening in front of my eyes (Price Action)
I'm just pointing it out, I'm not making it up, because it's happening
About the (Blue line) that is the bottom tested twice the difference in time between the first touch and the second touch is
1 Year and 4 Months (Blue Arrows) the majority of patterns that I share in my publications need more than 6 Months or even years to take shape
That's why I always publish (Confirmed Weekly Charts)