. 'W' Pattern formation in process
. Double bottom providing support
. Expect price to move up
. However price may break support and continue down
. Double bottom providing support
. Expect price to move up
. However price may break support and continue down
Note
Price needs to break 1700 zone for confirmation of bullish movementNote
My apologies, previous comment referred to xauusd.Note
Price is consolidatingNote
support broken, bearish movementDisclaimer
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Disclaimer
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.