Double Bottom
was formed on 02.07 at 02:50:25 (UTC+0)
signal strength 1 of 5

Double Bottom NZDJPY M5

The Double Bottom pattern has been formed on NZDJPY M5; the upper boundary is 69.61; the lower boundary is 69.49. The width of the pattern is 11 points. In case of a break of the upper boundary 69.61, 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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