Following assumptions:
- We are about to find the bottom somewhere, which will not be too far away (people are eager to buy into low prices, providing loads of liquidity)
- bottom will be found not that quickly
- The red resistance line will push us down more
- a lower low is necessary to draw bullish divergances on larger Timeframes
- We are about to find the bottom somewhere, which will not be too far away (people are eager to buy into low prices, providing loads of liquidity)
- bottom will be found not that quickly
- The red resistance line will push us down more
- a lower low is necessary to draw bullish divergances on larger Timeframes