Double Bottom
was formed on 26.12 at 06:14:52 (UTC+0)
signal strength 2 of 5
The Double Bottom pattern has been formed on USDCAD M15; the upper boundary is 1.4362; the lower boundary is 1.4349. The width of the pattern is 12 points. In case of a break of the upper boundary 1.4362, 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
Instrument
Timeframe
Trend
Signal Strength
