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was formed on 27.11 at 08:15:39 (UTC+0)
signal strength 1 of 5
Double Bottom AUDJPY M5

The Double Bottom pattern has been formed on AUDJPY M5. 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 101.88 is broken. The further movements will rely on the width of the current pattern 8 points.

The M5 and M15 time frames may have more false entry points.

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