signal strength 1 of 5
The Double Bottom pattern has been formed on USDJPY M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 149.29 is broken. The further movements will rely on the width of the current pattern 15 points.
The M5 and M15 time frames may have more false entry points.
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- EURRUB
- EURUSD
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The Double Bottom pattern has been formed on NZDUSD M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on EURNZD M30. Characteristics: the support level 1.9153; the resistance level 1.9229; the width of the pattern 76 points. If the resistance level
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The Double Bottom pattern has been formed on GBPAUD M30; the upper boundary is 2.0791; the lower boundary is 2.0711. The width of the pattern is 74 points. In case
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