Actual patterns

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Actual patterns

Double Bottom

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was formed on 25.06 at 16:10:07 (UTC+0)
signal strength 1 of 5

The Double Bottom pattern has been formed on GOLD M5; the upper boundary is 3317.06; the lower boundary is 3311.80. The width of the pattern is 559 points. In case of a break of the upper boundary 3317.06, 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.

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Double Bottom