logo

FX.co ★ USDJPY M30: Double Bottom

USDJPY M30: Double Bottom

Double BottomThe Double Bottom pattern has been formed on USDJPY M30. 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 132.00 is broken. The further movements will rely on the width of the current pattern 38 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