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Double Bottom
was formed on 25.06 at 00:35:18 (UTC+0)
signal strength 1 of 5

Double Bottom EURUSD M5

The Double Bottom pattern has been formed on EURUSD M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 1.1613 is broken. The further movements will rely on the width of the current pattern 9 points.

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

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