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was formed on 03.04 at 18:55:14 (UTC+0)
signal strength 1 of 5
Double Bottom EURNZD M5

The Double Bottom pattern has been formed on EURNZD M5; the upper boundary is 1.9040; the lower boundary is 1.8979. The width of the pattern is 62 points. In case of a break of the upper boundary 1.9040, 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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Figure
Instrument
Timeframe
Trend
Signal Strength
 
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