1. A beautiful double bottom / W pattern has formed on the 4H.
2. The market has fulfilled the MAIN SUPPORT ZONE of the breakout candlestick on the left - 1H
3. A THIRD TOUCH on the trendline has been confirmed on the 1H as well
4. A failed DOUBLE TOP movement at the CMP(3.388) indicating bullish bias has more influence
5. I used the W pattern/structure before the failed DOUBLE TOP movement at MP(3377 - 3381 as my SL. Why? I base my SL's on market structure. Makes everything easier.
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