signal strength 1 of 5

The Triple Bottom pattern has been formed on #AMZN M5. It has the following characteristics: resistance level 211.29/210.97; support level 210.03/209.76; the width is 126 points. In the event of a breakdown of the resistance level of 211.29, the price is likely to continue an upward movement at least to 209.69.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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According to M5, AUDCAD is shaping the technical pattern – the Inverse Head and Shoulder. In case the Neckline 0.8913/0.8912 is broken out, the instrument is likely to move toward
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, AUDUSD produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 0.6415 while the median line of the Neck
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on AUDJPY M15. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
The M5 and M15 time frames may have more false entry points.
Open chart in a new window