logo

FX.co ★ #PEP M15: Double Bottom

#PEP M15: Double Bottom

Double BottomThe Double Bottom pattern has formed on the #PEP M15 chart. Its support is at 125.16, its resistance is at 126.25, and its width is 109 points. A break above resistance may confirm a trend reversal, with the first target projected 101 points away.
The M5 and M15 time frames may generate more false entry signals.
*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