TTA | Parallel Channel Doubled Bottom Titanic Pattern

Price action and chart pattern trading setup
Parallel channel support and resistance - possible doubled bottom - new technical indicator - Titanic Pattern

Smart money and banker chip volume support at doubled bottom positions - technical rebound expected.

> Entry at support parallel channel near bottoms
> Target at the upper parallel channel
> Stop loss at bottom plus average daily range (ADR)
> Risk Reward ratio: 1.5:1 for short term trade.

Always trade with affordable risk and respect your stop loss