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4.2 Double Bottom Strategy
The 15-minute cycle of the double bottom is in a clear bearish trend, with the Bollinger Bands opening downward, the price breaking below the lower band, and moving averages arranged in a bearish alignment. The technical indicators fully support a short position.
Double Bottom: After a rebound to around 2120-2140, consider shorting with the first target at 2050 and the second target at 2020.
A short-term pullback to around 2050 can be used to strategically enter long positions, with resistance at 2140.
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