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FX.co ★ #MA M5: Double Bottom

#MA M5: Double Bottom

Double BottomThe Double Bottom pattern has been formed on #MA M5. Characteristics: the support level 509.54; the resistance level 524.12; the width of the pattern 1458 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 1493 points.
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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