Crude Oil Double Bottom

[Sekiyo]

 

[easymon1]

"Confirmation of Double Tops and Bottoms
Although the pattern is fairly easy to recognize and can be traded using a basic set of rules, you cannot simply jump into a trade whenever you see two bottoms or tops on the chart. To initiate a trade based on this pattern, you should first confirm its validity. There are two details related to the confirmation of the Double Top and the Double Bottom reversal patterns. This includes the Neck Line and the breakout." from the link below...

How to Trade Double Top and Bottom Reversal Patterns
https://forextraininggroup.com/trade-double-top-bottom-reversal-patterns/

 

[easymon1]

Double Bottom CONTINUATION Pattern...
https://traderlion.com/technical-analysis/the-double-bottom-pattern/

 

[Sekiyo]

Next time I should tag BIKINI
For you to share with us some sexy pictures.

Thanks !

 

[maxinger]

That is a straightforward Q.

There will be 3 possibilities :

- price might go up
- price might go down
- it might form a triple bottom, quad bottom, penta bottom, hexa bottom etc etc etc

 

[easymon1]

Next time I should tag BIKINI

https://www.elitetrader.com/et/thre...unbathing-in-the-winter-russian-style.318986/

 

[Sekiyo]

That is a straightforward Q.

There will be 3 possibilities :

- price might go up
- price might go down
- it will form a triple bottom, quad bottom, penta bottom, hexa bottom etc etc etc

Have you already seen an Hexa bottom ?!

 

[Sekiyo]

https://www.elitetrader.com/et/thre...unbathing-in-the-winter-russian-style.318986/

Glad to see we have a passion in common

 

[Sekiyo]

SUGAR (SB) potentially a Bullish breakout in the making

 

[countryBoy641]

Positive div on the RSI, daily as well as weekly.
Going higher.