Hello all, as we can see on the 1H and 4 charts, the W chart pattern (double bottom) was formed on the trend line, we can open a very good long position after breaking out the neck level as shown in the chart.
Trade active:
The breakout above the double bottom neckline accrued, we can place our order for long just above it. for the stop loss I chose to put little below the green line, it's up to you you can place your stop loss just below the neckline.