signal strength 1 of 5
The Double Bottom pattern has been formed on #PEP M5; the upper boundary is 150.16; the lower boundary is 148.41. The width of the pattern is 175 points. In case of a break of the upper boundary 150.16, 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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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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The Bullish pennant graphic pattern has formed on the GBPCHF M5 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on USDJPY M5. Characteristics: the support level 143.25; the resistance level 143.74; the width of the pattern 49 points. If the resistance level
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 GOLD M15. Features of the pattern: The lower line of the pattern has coordinates 3314.04 with the upper limit 3314.04/3308.41
The M5 and M15 time frames may have more false entry points.
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