The Witness of Double Bottom and good volume.
The time taken to form should be min 20 days. The witness is above 20days.
Entry – 2944.
Target – 3167.
Stop Loss – 2726.
, , Double Bottom
, , Double Bottom
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Hi,
Good attempt.. (Note- Any reversal pattern, there must be an existing trend to reverse. In the case of the Double Bottom Reversal, a significant downtrend of several months should be in place.)