PHIA - 3 months DOUBLE BOTTOM

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Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS

🤝Let’s learn and grow together 🤝
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Hello Traders ✌

After almost two years of downtrend, here we have an absolutely amazing Double Bottom.
What does amazing mean? Nothing of course!
I mean, it means that it has all its preliminary conditions at their best but till a valid breakout occurs... "it is just a bunch of colorful candlesticks on a chart of your watchlist" 😉😉😉

• Pattern Class: 🌕🌕🌕🌕🌕
  
• Target area: see chart
  
• Breakout area: see chart
  

Entry Point and Initial Stop Loss depends on your Trading Plan Tactics and Money Management rules.

🔎🔎🔎 ALWAYS REMEMBER
"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"
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⚠ DISCLAIMER ⚠
The content is The Art Of Charting's personal opinion and it is posted purely for educational purpose and therefore it must not be taken as a direct or indirect investing recommendations or advices. Any action taken upon these information is at your own risk.
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