signal strength 1 of 5
The Double Bottom pattern has been formed on #NTDOY M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 16.76 is broken. The further movements will rely on the width of the current pattern 18 points.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, USDJPY formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 146.29 and support 145.72
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 GBPJPY M5. Features of the pattern: The lower line of the pattern has coordinates 193.79 with the upper limit 193.79/193.73
The M5 and M15 time frames may have more false entry points.
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According to the chart of M30, AUDCHF formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.5366 and support 0.5346
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