was formed on 19.12 at 08:15:59 (UTC+0)
signal strength 1 of 5
signal strength 1 of 5
The Double Bottom pattern has been formed on NZDCAD M5; the upper boundary is 0.7940; the lower boundary is 0.7936. The width of the pattern is 4 points. In case of a break of the upper boundary 0.7940, 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
