was formed on 02.09 at 15:30:19 (UTC+0)
signal strength 2 of 5
signal strength 2 of 5
The Double Bottom pattern has formed on the #MCD M15 chart. Its upper boundary is at 262.28, its lower boundary is at 260.83, and its width is 150 points. A break above the upper boundary at 262.28 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.
The M5 and M15 time frames may generate more false entry signals.
Figure
Instrument
Timeframe
Trend
Signal Strength
