Double bottom, while at the bottom of a rising channel.

Sep 6, 2020

Here we can see a possible double bottom setting up. Nice confluence of factors supporting the case including divergence, pattern is at the bottom of the rising channel trading range and moving averages are spaghetti. Entry upon the close of the candle that breaks the neckline would be best for added confirmation

Dec 30, 2020

Trade closed manually

neckline of double bottom was not broken, therfore trade was not entered