Double bottom and Descending Broadening Wedge both indicate potential reversal. RSI oversold. Looking for break of down trend line and a break of the $50 area later in the week for a confirmation of the double bottom reversal.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.