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Double Bottom
was formed on 06.08 at 07:35:37 (UTC+0)
signal strength 1 of 5

Double Bottom GBPJPY M5

The Double Bottom pattern has been formed on GBPJPY M5. Characteristics: the support level 196.09; the resistance level 196.17; the width of the pattern 8 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 7 points.

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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