$DBB long off support RR = 1:5DBB weekly .
Confluence of:
AVWAP support from multiple historic lows.
Recent double bottom (TBD)
Support going back to 2008. Tested multiple times (inc 2010 and 2022's October lows)
Volume Profile LVN consistent with the 2008 support.
My trade:
SL: the support zone.
TP: The VAH ~ around ~$21.16 appears to offer the best expected value (risk neutral)
Not Financial Advice