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Double Bottom
was formed on 29.05 at 00:00:24 (UTC+0)
signal strength 2 of 5

Double Bottom EURGBP M15

The Double Bottom pattern has been formed on EURGBP M15. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 0.8385 is broken. The further movements will rely on the width of the current pattern 6 points.

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

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