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was formed on 04.09 at 04:45:24 (UTC+0)
signal strength 2 of 5
Double Bottom GBPJPY M15

The Double Bottom pattern has been formed on GBPJPY M15; the upper boundary is 199.10; the lower boundary is 198.75. The width of the pattern is 32 points. In case of a break of the upper boundary 199.10, 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 M5 and M15 time frames may have more false entry points.

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Figure
Instrument
Timeframe
Trend
Signal Strength
 
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