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The Double Bottom pattern has been formed on USDCAD M30. 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 1.3966 is broken. The further movements will rely on the width of the current pattern 16 points. FX.co ★ USDCAD M30: Double Bottom
Signal strength 3 of 5
USDCAD M30: Double Bottom
The Double Bottom pattern has been formed on USDCAD M30. 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 1.3966 is broken. The further movements will rely on the width of the current pattern 16 points. *L'analyse de marché présentée est de nature informative et n'est pas une incitation à effectuer une transaction