Double Bottom
was formed on 25.09 at 19:40:32 (UTC+0)
signal strength 1 of 5
The Double Bottom pattern has formed on the EURUSD M5 chart. Its upper boundary is at 1.1411, its lower boundary is at 1.1387, and its width is 25 points. A break above the upper boundary at 1.1411 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.
The M5 and M15 time frames may generate more false entry signals.
Figure
Instrument
Timeframe
Trend
Signal Strength