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Double Bottom
was formed on 29.04 at 03:15:24 (UTC+0)
signal strength 1 of 5

Double Bottom EURCAD M5

The Double Bottom pattern has been formed on EURCAD M5. Characteristics: the support level 1.5773; the resistance level 1.5789; the width of the pattern 16 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 17 points.

The M5 and M15 time frames may have more false entry points.

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