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Double Bottom
was formed on 07.05 at 23:15:23 (UTC+0)
signal strength 2 of 5

Double Bottom EURCAD M15

The Double Bottom pattern has been formed on EURCAD M15; the upper boundary is 1.5683; the lower boundary is 1.5626. The width of the pattern is 56 points. In case of a break of the upper boundary 1.5683, 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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Trend
Signal Strength
 
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