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Double Bottom
was formed on 04.06 at 14:59:57 (UTC+0)
signal strength 4 of 5

Double Bottom EURCAD H1

The Double Bottom pattern has been formed on EURCAD H1; the upper boundary is 1.5635; the lower boundary is 1.5595. The width of the pattern is 42 points. In case of a break of the upper boundary 1.5635, 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.

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Instrument
Timeframe
Trend
Signal Strength
 
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