signal strength 1 of 5
The Double Bottom pattern has been formed on GBPJPY M5. Characteristics: the support level 194.54; the resistance level 194.68; the width of the pattern 14 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 15 points.
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
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
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- M15
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According to the chart of M5, AUDCHF formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.5160/0.5143
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has formed on the chart of the SILVER M5 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, SILVER formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 31.80
The M5 and M15 time frames may have more false entry points.
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