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The Double Bottom pattern has been formed on GBPUSD H1. 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 1.3212 is broken. The further movements will rely on the width of the current pattern 32 points. FX.co ★ GBPUSD H1: Double Bottom
Signal strength 4 of 5
GBPUSD H1: Double Bottom
The Double Bottom pattern has been formed on GBPUSD H1. 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 1.3212 is broken. The further movements will rely on the width of the current pattern 32 points. *L'analyse de marché présentée est de nature informative et n'est pas une incitation à effectuer une transaction