DOUBLE BOTTOM SUPPORT and BULLISH DIVERGENCE

13 בדצמ׳ 2020

Double bottom support has been made on ascending trendline on 1hour chart. And also we can see Bullish divergence made on the chart already. When we draw Fibonacci retracement, there was clear resistance on 0.5 level and i think trend will go through 0.5 level and retest the 0.5 level and go to the next level of resistance around 12640 to 12700.