Double Bottom
was formed on 16.05 at 09:55:07 (UTC+0)
signal strength 1 of 5
The Double Bottom pattern has been formed on AUDCAD M5; the upper boundary is 0.9296; the lower boundary is 0.9279. The width of the pattern is 17 points. In case of a break of the upper boundary 0.9296, 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.