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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. Characteristics: the support level 69.50; the resistance level 69.61; the width of the pattern 11 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 12 points.

The M5 and M15 time frames may have more false entry points.

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Figure
Instrument
Timeframe
Trend
Signal Strength
 
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