Polyplex - Classic double bottom chart pattern
Updated
Classic double bottom chart pattern formed in Polyplex.
Price has corrected from top and after 2 years forming a bullish reversal chart pattern called double bottom. Double bottom is a bullish reversal pattern is forming after a strong downtrend.
Price is printing lower top and lower bottom and finally price has settled at 760.
Twice touch bottom at 760 formed a support and finally breakout of price swing high 960 confirm the double bottom chart pattern.
Target would 1150..
Price has corrected from top and after 2 years forming a bullish reversal chart pattern called double bottom. Double bottom is a bullish reversal pattern is forming after a strong downtrend.
Price is printing lower top and lower bottom and finally price has settled at 760.
Twice touch bottom at 760 formed a support and finally breakout of price swing high 960 confirm the double bottom chart pattern.
Target would 1150..
Trade closed: target reached
Target 1250 Acheived
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