signal strength 1 of 5
The Double Bottom pattern has been formed on GBPUSD 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 1.3289 is broken. The further movements will rely on the width of the current pattern 16 points.
The M5 and M15 time frames may have more false entry points.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
- All
- #AAPL
- #AMZN
- #Bitcoin
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
- #MCD
- #MSFT
- #NTDOY
- #PEP
- #TSLA
- #TWTR
- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
- All
- M5
- M15
- M30
- H1
- D1
- All
- Buy
- Sale
- All
- 1
- 2
- 3
- 4
- 5
According to the chart of M30, #Bitcoin formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 104231.32 is breached. Here
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According to the chart of M5, #Bitcoin formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 105631.72 and 105322.26 are the coordinates
The M5 and M15 time frames may have more false entry points.
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The Triple Top pattern has formed on the chart of the #Bitcoin M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level 1384, support level -6448
The M5 and M15 time frames may have more false entry points.
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