was formed on 29.04 at 13:50:16 (UTC+0)
signal strength 1 of 5
signal strength 1 of 5
The Double Bottom pattern has been formed on NZDUSD M5; the upper boundary is 0.5951; the lower boundary is 0.5943. The width of the pattern is 8 points. In case of a break of the upper boundary 0.5951, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.
The M5 and M15 time frames may have more false entry points.
Figure
Instrument
Timeframe
Trend
Signal Strength
