Where is the bottom ???, page-276

Anyone get the feeling in their gut the low is in place in this LiCo sector from the price action so far?



Red arrows made the low (double bottom) and green arrow is where there is likely some stops build up, raided (green arrow) then it takes off. Price hass now magically collapsed to the same candle low this week (yellow) dips below by 0.5C then recovered forming another pin bar!

However currently there is a congested block just overhead (red highlight) which will require enough bulls waiting on the sideline to believe a reversal to push through that block to form a base. Looking much more promising form here on.