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pjosh1

Bacanora BCN - Potential Double Bottom on Weekly

Long
pjosh1  
LSE:BCN   None
Chart Patterns bacanora
2
1
chartpattern bacanora
Weekly chart of BCN - showing a few signs of a potential bottom.

1) Hammer Candle showing rejection of 14.6 level.
2) Double bottom formation.
3) RSI level indicating an oversold condition.

Potential Idea-

Entry: Market
SL: 14.6
Target 1: 37.5
Target 2: 56.5

Timeframe: Long Term - Weeks to Months
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