Hi @Drake87 thanks again, yes a double bottom is exactly what we...

Hi @Drake87 thanks again, yes a double bottom is exactly what we want to see on this retrace.
The golden cross itself is not an entry signal on its own. but more like a laser light pointing directly at the spot within a long term trend (about 1-1.5 yrs) where we should now be looking for Bullish TA and an entry of our choosing, this can sometimes be a week or more after the GC cross to get these confirmations...so 1st up we want to see things like a 12 month high, then 50% or 62% Fib support, then as you say a double bottom around there (that alone might take a week or two), then long and short term trend line breaks. then indicator crossovers etc, then   Fib resistance breaks to the upside on vol (my entry) then moving average support etc (you can see that were not predicting here but rather following a trend as it unfolds). you can use a 50ema instead to find this area initially but its a bit early as short term price will still be trending up to peak at that 12 month high when the 50 ema crosses 200..the 65 on the other hand will  cross a bit later and more often right where price has retraced that 50% we`re looking for, so its saves time in that sense..the 65ema is also better for showing support in the following breakout (if when it happens), not all of the TA will be there in sequence and this is where we need experience, patience and discipline, we might see all of the above but not the actual GC cross itself!..and that's a no trade imo.