From the price movement on the current chart, it seems to be developing a Double Bottom pattern,
which is supported by the rejection in the support area and rejection in the lower band of the indicator
Bollinger bands, therefore the price has the potential to strengthen up to the harmonic resistance area, so we
can place an order for a Buy entry during the breakout.
which is supported by the rejection in the support area and rejection in the lower band of the indicator
Bollinger bands, therefore the price has the potential to strengthen up to the harmonic resistance area, so we
can place an order for a Buy entry during the breakout.