Actual patterns

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Actual patterns

Double Bottom

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was formed on 28.03 at 16:00:01 (UTC+0)
signal strength 4 of 5

The Double Bottom pattern has been formed on NZDUSD 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 0.5721 is broken. The further movements will rely on the width of the current pattern 15 points.

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Timeframe

Trend

Signal Strength

Double Bottom