The M5 and M15 time frames may have more false entry points.
FX.co ★ #MA M15: Double Bottom
Signal strength 2 of 5
#MA M15: Double Bottom
The Double Bottom pattern has been formed on #MA M15; the upper boundary is 340.85; the lower boundary is 337.63. The width of the pattern is 335 points. In case of a break of the upper boundary 340.85, 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 market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade