DRE 2.78% 1.8¢ dreadnought resources ltd

I was wrong in my previous posts about a reversal at 5.4c, price...

  1. 781 Posts.
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    I was wrong in my previous posts about a reversal at 5.4c, price decided to come down further into demand to take liquidity below the previous lows. What I'm looking for now is the potential for a double bottom with a sweep of liquidity (as seen below in the GBPUSD). You could wait for confirmation on the lower timeframes (less risk), or have a limit order below the lows Ie 4.7c (as I have done). Double bottoms are very powerful at KEY LEVELS. Cant believe we are below 5c again but I personally wont let the opportunity go to waste. All IMO GL

    https://hotcopper.com.au/data/attachments/5495/5495135-30ddcd65819fa07e6b97d35ac8c66f1c.jpg

    https://hotcopper.com.au/data/attachments/5495/5495157-9a961f470faf0646d88f420c11eb019e.jpg
 
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Last trade - 15.59pm 07/05/2024 (20 minute delay) ?
Last
1.7¢
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