Live monitoring of the Double Bottom setup on EW. See where price is heading.
Reversal pattern after a downtrend.
EW is showing interesting structural developments at $82.63. Price has moved to $82.63 (-1.42%) amidst recent volatility. Algorithmically, a Double Bottom structure has completed. Buying pressure is strong relative to the 20-day average. A potential breakout level is identified at $96.29, targeting $110.05 with support near $89.41 (R:R 2.0).
What is your outlook on EW?