Price was in a strong downtrend, however a double bottom reversal pattern hints the control of bulls. If previous lower high is broken with god volume then we can expect a strong bullish reversal as per Dow theory. Targets are mentioned on the chart.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.