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Alikze »» W | Formation of the Double Bottom pattern - 1D

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🔍 Technical analysis: Formation of a Double Bottom pattern in a descending channel

📣 WUSDT It is moving in a descending channel on the daily time frame.

🟢 In the Buyer Zone, by forming a Double Bottom and a candlestick pattern, it can continue its growth in the first step to the first supply zone.

🟢 If an inverted head and shoulders pattern is formed in the supply zone, it can continue its upward trend to the next supply zone.

🟢 Therefore, if the Buyer Zone is maintained, an upward trend in the form of a three-wave up to the 40 cent range is expected.

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