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Double Bottom
was formed on 25.06 at 04:30:36 (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 197.02; the resistance level 197.28; the width of the pattern 26 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 26 points.

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

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Figure
Instrument
Timeframe
Trend
Signal Strength
 
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