Argument for a Double Bottom



If this was a stock this would be a classic location to take a long.

This is of course much volatile than a stock, seems to honor the Fibonacci Retracements levels - that said there's one at about$1900.

Todays sell off, on Friday - is suspect, this orderly not the panic from Wednesday. Think this was a push to take the positions away from folks who got long in the least couple of days.

Of this only my opinion. Good luck.



Trend Analysis
Maximilianned

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