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Double Bottom
was formed on 17.04 at 16:54:34 (UTC+0)
signal strength 1 of 5

Double Bottom #MCD M5

The Double Bottom pattern has been formed on #MCD M5. Characteristics: the support level 307.06; the resistance level 309.81; the width of the pattern 275 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 262 points.

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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