XAUUSD - D1 | DOUBLE BOTTOM
DOUBLE BOTTOM
It occurs when the price stops after a fall and makes two consecutive lows at similar levels. It is a very common figure and of great reliability. Once the figure has been produced, the rise has a projection of at least the distance between the floor and the ceiling.
It occurs when the price stops after a fall and makes two consecutive lows at similar levels. It is a very common figure and of great reliability. Once the figure has been produced, the rise has a projection of at least the distance between the floor and the ceiling.
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