there is a possibility of forming a double bottom on the chart of
COTIBTC
, the neckline is around 268-270 which has overlap with 0.38 fibo level and a static resistance.
if the neckline breaks by a strong candle, we can open a buy order.
The target of this double bottom pattern is around 300.
if the neckline breaks by a strong candle, we can open a buy order.
The target of this double bottom pattern is around 300.
Trade closed: target reached:
target reached nicely
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