was formed on 05.08 at 10:00:07 (UTC+0)
signal strength 4 of 5
signal strength 4 of 5
The Double Bottom pattern has been formed on NZDJPY H1. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 86.92 is broken. The further movements will rely on the width of the current pattern 29 points.
Figure
Instrument
Timeframe
Trend
Signal Strength
