Double Bottom

3 mar

This is a double bottom on a monthly time frame I would rather prefer looking at it in a line chart but for viewers who loves to view in candlesticks this is for you. A double bottom formed in a downtrend is normally used to describe as a reversal pattern especially when is in a big picture monthly time frame. A break from the neckline sent it above indicating a reverse in trends which means the bull wins again.

20 mar

Trade chiuso: obiettivo raggiunto