Technical Analysis :
On the 1-hr time frame the price is bouncing around the neckline of the double bottom. The double bottom signals a potential reversal especially when it is located around a key level (here support). Our expectation now, is a move upward to the 53808.27 mark.
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Trade Idea:
Buy Order @ 50810.03
Take Profit 1 @ 53808.27
Take Profit 2 @ 53821.00
Stop Loss @ 49314.50
Trade Safely π
On the 1-hr time frame the price is bouncing around the neckline of the double bottom. The double bottom signals a potential reversal especially when it is located around a key level (here support). Our expectation now, is a move upward to the 53808.27 mark.
-------------------------------------------------------------------------------------
Trade Idea:
Buy Order @ 50810.03
Take Profit 1 @ 53808.27
Take Profit 2 @ 53821.00
Stop Loss @ 49314.50
Trade Safely π
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t.me/tradewithpatfree
π£ Our Website :
forexrobotnation.com/
π‘ Our Youtube Channel :
www.youtube.com/c/tradewithpat
βοΈ Our TikTok
tiktok.com/@tradewithpat