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Double Bottom
was formed on 11.08 at 15:45:16 (UTC+0)
signal strength 1 of 5

Double Bottom NZDCAD M5

The Double Bottom pattern has been formed on NZDCAD M5. Characteristics: the support level 0.8167; the resistance level 0.8174; the width of the pattern 7 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 7 points.

The M5 and M15 time frames may have more false entry points.

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Trend
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