logo

FX.co ★ #NTDOY M15: Double Bottom

#NTDOY M15: Double Bottom

Double BottomThe Double Bottom pattern has been formed on #NTDOY M15; the upper boundary is 64.42; the lower boundary is 64.10. The width of the pattern is 30 points. In case of a break of the upper boundary 64.42, 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.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
Go to the patterns list Go to graph