Near is nearly trading at all-time low levels.
First, a multi-year low hit 14-August.
Second & last, a new low hit this week, barely lower than the low two months ago.
This is a very strong bullish signal.
If this pair intended to continue lower, the lower low hit in the current session would be many times lower compared to August, instead we get a double bottom, technically.
A double bottom at all-time low prices basically means support confirmed, unless something goes really wrong next week (which isn't likely to be the case).
This is a great setup.
➖ Very low risk, ultra-low risk I should say; less than 3%.
➖ The potential for growth on the other hand goes beyond 800% mid-term, even more in the long-term.
I'll let you figure out the rest.
That's enough from me today.
Thank you again.
Namaste.
First, a multi-year low hit 14-August.
Second & last, a new low hit this week, barely lower than the low two months ago.
This is a very strong bullish signal.
If this pair intended to continue lower, the lower low hit in the current session would be many times lower compared to August, instead we get a double bottom, technically.
A double bottom at all-time low prices basically means support confirmed, unless something goes really wrong next week (which isn't likely to be the case).
This is a great setup.
➖ Very low risk, ultra-low risk I should say; less than 3%.
➖ The potential for growth on the other hand goes beyond 800% mid-term, even more in the long-term.
I'll let you figure out the rest.
That's enough from me today.
Thank you again.
Namaste.
Note
Great. Another one. +348%Trade closed: target reached
Total growth 673%.All targets hit.
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🚨 FREE PREMIUM Trades + Top Results
t.me/anandatrades/1183
🚨 FREE Quality Content + New Results
(Frequent Discounts & Offers)
t.me/masteranandatrades/6172
🚨 Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
t.me/anandatrades/1183
🚨 FREE Quality Content + New Results
(Frequent Discounts & Offers)
t.me/masteranandatrades/6172
🚨 Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
Related publications
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.