$Walt Disney(DIS)$Bottoming soon. Based onthe chart, as the price is approaching S1 support level , the candlestick starts to get smaller.This also reflect that the sell momentum is weakening. To avoid false signal, there are 2 kind of approach. Either wait for the price to break R1 level and enter when the price retest R1 level. Otherwise you can bullish signal near S1/S2 before entering the trade.
Bullish signal like double bottom, pin bar, morning star formation, bullish engulfing. Do tradewith care guys.
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