Yeap. It looks like a double bottom. But second leg of the double bottom didn't seem quite strong to me. However there is a better reversal area that is marked black box. I think with high uncertainty levels I will rather like to wait how it will play out on the given range and look for a long position for a counter trend action.
Happy trading people...
Yorum
Just a little correction. I have posted as short but the actual trade is long setup. Right now we are waiting for a clear price action to take the trade as long for the given price. It is NFP day , start of a new month and end of the week so not planning to risk too much but following the plan as it is given.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.