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Double Bottom
was formed on 08.04 at 04:50:18 (UTC+0)
signal strength 1 of 5

Double Bottom GBPAUD M5

The Double Bottom pattern has been formed on GBPAUD M5; the upper boundary is 2.1327; the lower boundary is 2.1186. The width of the pattern is 144 points. In case of a break of the upper boundary 2.1327, 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
  • All
Instrument
  • All
  • Bearish Rectangle
  • Bearish Symmetrical Triangle
  • Bearish Symmetrical Triangle
  • Bullish Rectangle
  • Double Top
  • Double Top
  • Triple Bottom
  • Triple Bottom
  • Triple Top
  • Triple Top
Timeframe
  • All
Trend
  • All
  • Buy
  • Sale
Signal Strength
  • All
  • 1
  • 2
  • 3
  • 4
  • 5
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