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FX.co ★ EURGBP M15: Double Bottom

EURGBP M15: Double Bottom

Double BottomThe Double Bottom pattern has been formed on EURGBP M15; the upper boundary is 0.8335; the lower boundary is 0.8327. The width of the pattern is 9 points. In case of a break of the upper boundary 0.8335, 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.
*L'analyse de marché présentée est de nature informative et n'est pas une incitation à effectuer une transaction
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