1) Double bottom sign off a reversal 2) Price is an uptrend 3) Price is at a support zone 4) Wait for price to break the trendline and then a correction phase before entering a buy trade
a) If price breaks the support then wait for a correction towards the new resistance level - for a sell trade
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.