Double bottom spotted before breakout
We can see clearly that a well formed double bottom is in progress, and this point we also see a potential breakout scenario happening. Just to be on the safe side, a quick long entry could be executed after market opens to validate the double bottom.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.