Andre_Cardoso

(4h) Double bottom in formation above 200 MA

Long
BITFLYER:BTCJPY   Bitcoin / Japanese Yen

Double bottoms at 200 MA and eventual bullish trend continuation setup:

Eventual Bearish Bat;
IF 2nd target reacehd it ill forge the 2618 bullish setup, projections above the higher highs...

Of course, any close below the major double bottom will invalidate the idea.

At last but the most important:
we only validate a double top/bottom after a broken neck...

Safe Trades;

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