Too early to call IMO but some mates are suggesting this is...

  1. 1,759 Posts.
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    Too early to call IMO but some mates are suggesting this is forming a larger scale double bottom. Tried charting it below but to me an Elliott wave may fit better.

    The neckline is 1.71 where a few posters on other threads here mentioned a target would be retested.

    The first bottom was in July where there was a local double bottom at 43.5c and now it's forming the "suggested only" bottom#2.

    Just my opinion only, not financial advice.

    https://hotcopper.com.au/data/attachments/4947/4947113-2214dd74d2748f1f86e2608644f8c2e0.jpg

 
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