the double bottom
pattern formed on the 2hr
chart almost hit its price target of $11440 this price zone is also the top of the rising wedge
pattern forming over the last couple of days and also a strong resistance zone
. this makes me confident that price will get rejected there and break down the rising wedge
pattern to $9500 support. my guess is bears will get exhausted quickly and it will be followed by a strong bounce.
this is my personal opinion , and trying to learn trough trail and error.
comments are more then welcome!
have a nice day