was formed on 30.04 at 00:05:34 (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 0.8223; the lower boundary is 0.8195. The width of the pattern is 27 points. In case of a break of the upper boundary 0.8223, 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
