was formed on 05.05 at 21:15:11 (UTC+0)
signal strength 2 of 5
signal strength 2 of 5
The Double Bottom pattern has been formed on AUDUSD M15; the upper boundary is 0.6494; the lower boundary is 0.6461. The width of the pattern is 34 points. In case of a break of the upper boundary 0.6494, 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
