was formed on 13.05 at 04:59:55 (UTC+0)
signal strength 3 of 5
signal strength 3 of 5
The Double Bottom pattern has been formed on NZDUSD M30. 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 0.5862 is broken. The further movements will rely on the width of the current pattern 21 points.
Figure
Instrument
Timeframe
Trend
Signal Strength
