The M5 and M15 time frames may have more false entry points.
FX.co ★ AUDUSD M15: Double Bottom
Signal strength 2 of 5
AUDUSD M15: Double Bottom
The Double Bottom pattern has been formed on AUDUSD M15. Characteristics: the support level 0.6511; the resistance level 0.6524; the width of the pattern 13 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 13 points.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade