Price begins to recover but is rejected at 50EMA dropping us back towards pattern support.
A double-bottom formation is now being assumed with neckline remaining at 50EMA.
Look to avoid crossover of 200EMA and 3405 due to added resistance at a critical zone.
www.tradingview.com/chart/gDBkksfy/
A double-bottom formation is now being assumed with neckline remaining at 50EMA.
Look to avoid crossover of 200EMA and 3405 due to added resistance at a critical zone.
www.tradingview.com/chart/gDBkksfy/