signal strength 1 of 5
The Double Bottom pattern has been formed on #PEP M5. 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 141.50 is broken. The further movements will rely on the width of the current pattern 53 points.
The M5 and M15 time frames may have more false entry points.
Vea asimismo
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The Double Bottom pattern has been formed on EURCHF M30. Characteristics: the support level 0.9333; the resistance level 0.9352; the width of the pattern 19 points. If the resistance level
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The Double Bottom pattern has been formed on USDCHF M30. Characteristics: the support level 0.8327; the resistance level 0.8347; the width of the pattern 20 points. If the resistance level
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The Double Bottom pattern has been formed on USDJPY M30; the upper boundary is 145.47; the lower boundary is 144.94. The width of the pattern is 49 points. In case
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