was formed on 04.06 at 09:00:01 (UTC+0)
signal strength 4 of 5
signal strength 4 of 5
The Double Bottom pattern has been formed on EURCAD 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 1.5621 is broken. The further movements will rely on the width of the current pattern 27 points.
Figure
Instrument
Timeframe
Trend
Signal Strength
