signal strength 1 of 5
The Triple Bottom pattern has been formed on EURNZD M5. It has the following characteristics: resistance level 1.8817/1.8811; support level 1.8799/1.8794; the width is 18 points. In the event of a breakdown of the resistance level of 1.8817, the price is likely to continue an upward movement at least to 1.8811.
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 AUDCAD M30. Characteristics: the support level 0.8969; the resistance level 0.9010; the width of the pattern 41 points. If the resistance level
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The Double Bottom pattern has been formed on NZDCAD M30. Characteristics: the support level 0.8223; the resistance level 0.8253; the width of the pattern 30 points. If the resistance level
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According to the chart of M5, GBPJPY formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 194.04 - 0.00
The M5 and M15 time frames may have more false entry points.
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