NBCC recover from 0.786 level with double bottom

Hello Fellow Traders,

NBCC price was at the edge of level 1 and the price broke the level 0.786 of Fibonacci trend retracement and forms the double bottom pattern as double confirmation for entry long.

Consider 0.786 as the stop loss if the price fails to go as predicted and enjoy the profit if the price further breaks the 0.5 level.

Happy Trading!!!