was formed on 09.04 at 11:10:07 (UTC+0)
signal strength 1 of 5
signal strength 1 of 5
The Double Bottom pattern has been formed on EURJPY M5; the upper boundary is 160.40; the lower boundary is 159.97. The width of the pattern is 39 points. In case of a break of the upper boundary 160.40, 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
