signal strength 1 of 5
The Double Bottom pattern has been formed on GBPAUD 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 2.0907 is broken. The further movements will rely on the width of the current pattern 10 points.
The M5 and M15 time frames may have more false entry points.
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #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
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- M5
- M15
- M30
- H1
- D1
- All
- Buy
- Sale
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According to the chart of M15, EURNZD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 1.9312 and support 1.9286
The M5 and M15 time frames may have more false entry points.
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On the chart of #Bitcoin H1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 107966.41; the lower boundary 106699.67; the width of the pattern 126674 points
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The technical pattern called Head and Shoulders has appeared on the chart of GBPJPY M15. There are weighty reasons to suggest that the price will surpass the Neckline 198.24/198.27 after
The M5 and M15 time frames may have more false entry points.
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