With that old res new support situation I think the big breakout in between cancels any relationship out..the double bott situation is very interesting and I`ve been looking at many of them lately because I think these might be a very popular trade over the next few months...(lots of 5th wave and C wave corrections going on at the moment)...the entry rules would be that the 2nd low must be equal or higher than the first low and never less not even a pip..there must also be a higher high between the two lows .then entry is close above 62% of the last leg down to the 2nd low..these rules have kept me out of some disastrous DB failures recently @princey37![]()
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