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[NICKEL] Breaking out downtrend line & potential double bottoms
Nickel
Long
[NICKEL] Breaking out downtrend line & potential double bottoms
By moressay
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Sep 26
0
Sep 26
Daily chart of
NICKEL
showing a bullish move with the price is breaking out the mid term downtrend line which was since May 24.
Watch also for potential double bottoms the price is currently making.
I believe Nickel & other commodities will benefit from China move in flooding its economy with free cash.
Bullish.
breakout
Chart Patterns
Commodities
nickel
Trend Analysis
Trend Lines
moressay
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