The Double Bottom pattern has been formed on #PEP D1. 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 132.24 is broken. The further movements will rely on the width of the current pattern 438 points. FX.co ★ #PEP D1: Double Bottom
Signal strength 5 of 5
#PEP D1: Double Bottom
The Double Bottom pattern has been formed on #PEP D1. 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 132.24 is broken. The further movements will rely on the width of the current pattern 438 points. *The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade