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Double Bottom
was formed on 03.04 at 14:19:55 (UTC+0)
signal strength 1 of 5

Double Bottom USDCHF M5

The Double Bottom pattern has been formed on USDCHF M5; the upper boundary is 0.8636; the lower boundary is 0.8590. The width of the pattern is 47 points. In case of a break of the upper boundary 0.8636, 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.

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

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Instrument
Timeframe
Trend
Signal Strength
 
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