Tendency: Uptrend
Pattern: Double Bottom/Breakout setup
Observation: Price appears to have successfully break resistance @107.000 and it's currently experiencing a correction into the zone to make new support.
Trading possibility: BUY now or at the completion of correction into 106.500 zone with a potential TP1/TP2 @ 108.500/110.000 zone respectively and SL @ 105.500/105.000 zone.
Risk/Reward: 1/2.6
Potential Duration: 20 days
Pattern: Double Bottom/Breakout setup
Observation: Price appears to have successfully break resistance @107.000 and it's currently experiencing a correction into the zone to make new support.
Trading possibility: BUY now or at the completion of correction into 106.500 zone with a potential TP1/TP2 @ 108.500/110.000 zone respectively and SL @ 105.500/105.000 zone.
Risk/Reward: 1/2.6
Potential Duration: 20 days