signal strength 2 of 5
The Double Bottom pattern has been formed on GBPJPY M15; the upper boundary is 193.33; the lower boundary is 192.78. The width of the pattern is 60 points. In case of a break of the upper boundary 193.33, 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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- Triple top
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According to the chart of H1, AUDJPY formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 91.35 and 90.50 are the coordinates
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According to the chart of M15, AUDJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 91.35/91.01
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on NZDCHF M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.4842
The M5 and M15 time frames may have more false entry points.
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