PRICE going UP UP AND AWAY!
1) Price has formed what SEEMS like a double bottom
2) There SEEMS to be a cup and handle formation as well
BUT wait for price to break either the previous high of the cup and handle formation or the neckline of the double bottom before going LONG. Price may reach the weekly zone that I've marked out on the charts.
Always practice proper risk management.
hope all have a happy and boring trading day.
2) There SEEMS to be a cup and handle formation as well
BUT wait for price to break either the previous high of the cup and handle formation or the neckline of the double bottom before going LONG. Price may reach the weekly zone that I've marked out on the charts.
Always practice proper risk management.
hope all have a happy and boring trading day.
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