was formed on 08.05 at 19:20:20 (UTC+0)
signal strength 1 of 5
signal strength 1 of 5
The Double Bottom pattern has been formed on EURCAD M5; the upper boundary is 1.5643; the lower boundary is 1.5624. The width of the pattern is 20 points. In case of a break of the upper boundary 1.5643, 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
