was formed on 02.05 at 01:45:41 (UTC+0)
signal strength 2 of 5
signal strength 2 of 5
The Double Bottom pattern has been formed on GBPCHF M15. 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 1.1026 is broken. The further movements will rely on the width of the current pattern 22 points.
The M5 and M15 time frames may have more false entry points.
Figure
Instrument
Timeframe
Trend
Signal Strength
