YOYOW
Double bottom on the daily chart.
Price is sitting at major resistance cluster. If we can consolidate above that level, we can expect to retest previous highs.
If we get rejected then a double top would be at play, which would lead us to test trend resistance.
Price is sitting at major resistance cluster. If we can consolidate above that level, we can expect to retest previous highs.
If we get rejected then a double top would be at play, which would lead us to test trend resistance.
Disclaimer
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.