was formed on 20.08 at 08:00:24 (UTC+0)
signal strength 2 of 5
signal strength 2 of 5
The Double Bottom pattern has been formed on NZDUSD M15; the upper boundary is 0.5833; the lower boundary is 0.5817. The width of the pattern is 18 points. In case of a break of the upper boundary 0.5833, 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
