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Double Bottom
was formed on 06.06 at 19:00:33 (UTC+0)
signal strength 2 of 5

Double Bottom GBPAUD M15

The Double Bottom pattern has been formed on GBPAUD 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 2.0852 is broken. The further movements will rely on the width of the current pattern 36 points.

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

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Trend
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