It is interesting that we see there is a similar pattern shown in HSI: Double Bottom with 0.618.
Last time, the price reached 0.618 level and the price was supported to reverse. Now the double bottom formed and the price near the 0.618 level, it is an opportunity to BUY.
Sometimes, you might see similar patterns in the charts and its repeated again. The importance is what you will do if the pattern appears again!
Be Patient and Relax!
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Enjoy the trading itself, and you will be much better at it!
Thank you. This is TraderPig.
Last time, the price reached 0.618 level and the price was supported to reverse. Now the double bottom formed and the price near the 0.618 level, it is an opportunity to BUY.
Sometimes, you might see similar patterns in the charts and its repeated again. The importance is what you will do if the pattern appears again!
Be Patient and Relax!
----------------------------
Enjoy the trading itself, and you will be much better at it!
Thank you. This is TraderPig.