signal strength 1 of 5
The Double Bottom pattern has been formed on AUDCHF M5; the upper boundary is 0.5283; the lower boundary is 0.5274. The width of the pattern is 9 points. In case of a break of the upper boundary 0.5283, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.
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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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
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- USDCAD
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- USDJPY
- USDRUB
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According to the chart of M30, NZDUSD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 0.5982/0.5996 and upper border is 0.6007/0.5996. The pattern width is measured
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The Triple Top pattern has formed on the chart of the GBPUSD M15 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level 0, support level -3
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, NZDCHF formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.4944/0.4938
The M5 and M15 time frames may have more false entry points.
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