-Monthly double bottom (black trendline) after a bull leg on a possible profit taking pullback right on 0.382 Fibonacci.
-Weekly double bottom right on the monthly double bottom that has been heavy traded implying shakeout(pink trendline).
-Weekly confirmation of double bottom with consequent bullish candles.
-Weekly flag like pattern that has just broken.
-Stop Loss below 0.382 Fibonacci that is the reference point.
-Take profit on 1 Fibonacci.
-3.07 r/r
-Weekly double bottom right on the monthly double bottom that has been heavy traded implying shakeout(pink trendline).
-Weekly confirmation of double bottom with consequent bullish candles.
-Weekly flag like pattern that has just broken.
-Stop Loss below 0.382 Fibonacci that is the reference point.
-Take profit on 1 Fibonacci.
-3.07 r/r