We can take our position according to the price movement.
If it breaks the descending channel up , we buy it since there is a double bottom pattern formed.
If it is rejected by the channel, we sell it since descending channel continues.
This is not a trading signal.
If it breaks the descending channel up , we buy it since there is a double bottom pattern formed.
If it is rejected by the channel, we sell it since descending channel continues.
This is not a trading signal.