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was formed on 09.05 at 06:55:14 (UTC+0)
signal strength 1 of 5
Double Bottom EURJPY M5

The Double Bottom pattern has been formed on EURJPY M5; the upper boundary is 163.51; the lower boundary is 163.30. The width of the pattern is 22 points. In case of a break of the upper boundary 163.51, 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.

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