signal strength 2 of 5
The Double Bottom pattern has been formed on GBPJPY M15; the upper boundary is 195.37; the lower boundary is 194.45. The width of the pattern is 90 points. In case of a break of the upper boundary 195.37, 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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- #AMZN
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- #PEP
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- 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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According to the chart of M5, EURNZD formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 1.9180 is breached. Here
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURCHF formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.9395/0.9385
The M5 and M15 time frames may have more false entry points.
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The Bearish Flag pattern has been formed on USDCAD at M5. The lower boundary of the pattern is located at 1.3715/1.3719 while the upper boundary lies at 1.3719/1.3723. The projection
The M5 and M15 time frames may have more false entry points.
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