The market is forming a Double Bottom pattern, signaling a potential bullish reversal. Wait for a breakout above the neckline with a strong bullish candle to confirm the move! ๐ฅ
๐ Technical Analysis
โ ๐น Double Bottom Pattern โ A strong reversal setup โ ๐ Breakout Confirmation โ Look for a big bullish candle above the neckline โ ๐ Trend Shift โ Potential move toward higher resistance levels
๐ฏ Target Levels:
๐ 76.00 โ First bullish target ๐ 78.50 โ Extended target for further upside
๐ข Trading Strategy:
๐น Wait for a confirmed breakout above the neckline ๐น Ensure strong buying momentum before entering ๐น Follow the trend and manage risk with a stop-loss below the neckline
๐ The market is setting up for a strong bullish moveโstay patient and capitalize! ๐
๐ Like, comment & follow for more trading updates! ๐๐ฅ
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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.