was formed on 01.05 at 16:00:01 (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 0.5928; the lower boundary is 0.5909. The width of the pattern is 20 points. In case of a break of the upper boundary 0.5928, 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
