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The Double Bottom pattern has formed on the EURJPY M30 chart. Its upper boundary is at 175.60, its lower boundary is at 175.38, and its width is 23 points. A break above the upper boundary at 175.60 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level. FX.co ★ EURJPY M30: Double Bottom
Signal strength 3 of 5
EURJPY M30: Double Bottom
The Double Bottom pattern has formed on the EURJPY M30 chart. Its upper boundary is at 175.60, its lower boundary is at 175.38, and its width is 23 points. A break above the upper boundary at 175.60 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level. *The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade