Actual patterns

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Actual patterns

Double Bottom

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was formed on 05.08 at 10:00:07 (UTC+0)
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.

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Signal Strength

Double Bottom