A classic 'cross and retest' entry

A nice, uncomplicated downtrend has been recently crossed, with the market forming new Higher_highs. This creation of a new trend (if confirmed by a retest) provides nice bullish momentum for the upcoming week. A buy entry will be made only if there is a confirmed retest of the double bottom neckline.
Double Top or BottomSupport and ResistanceTrend Analysis

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