Double Bottom
was formed on 23.04 at 21:05:22 (UTC+0)
signal strength 1 of 5
The Double Bottom pattern has been formed on AUDUSD M5; the upper boundary is 0.6376; the lower boundary is 0.6361. The width of the pattern is 16 points. In case of a break of the upper boundary 0.6376, 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.
Figure
Instrument
Timeframe
Trend
Signal Strength