The M5 and M15 time frames may have more false entry points.
FX.co ★ #KO M15: Double Bottom
Signal strength 2 of 5
#KO M15: Double Bottom
The Double Bottom pattern has been formed on #KO M15; the upper boundary is 69.43; the lower boundary is 68.84. The width of the pattern is 57 points. In case of a break of the upper boundary 69.43, 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 market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade