signal strength 1 of 5
The Triple Bottom pattern has been formed on GBPCHF M5. It has the following characteristics: resistance level 1.1277/1.1269; support level 1.1260/1.1257; the width is 17 points. In the event of a breakdown of the resistance level of 1.1277, the price is likely to continue an upward movement at least to 1.1263.
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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The Double Bottom pattern has been formed on EURCAD H1; the upper boundary is 1.5576; the lower boundary is 1.5492. The width of the pattern is 90 points. In case
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The Triple Bottom pattern has been formed on EURCAD M15. It has the following characteristics: resistance level 1.5576/1.5510; support level 1.5486/1.5497; the width is 90 points. In the event
The M5 and M15 time frames may have more false entry points.
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On the chart of the USDJPY M30 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak
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