signal strength 2 of 5
The Double Bottom pattern has been formed on NZDCHF M15; the upper boundary is 0.4854; the lower boundary is 0.4844. The width of the pattern is 11 points. In case of a break of the upper boundary 0.4854, 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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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
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- EURGBP
- EURJPY
- EURNZD
- EURRUB
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- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
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- M5
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The Double Bottom pattern has been formed on NZDCAD M30. Characteristics: the support level 0.8219; the resistance level 0.8236; the width of the pattern 17 points. If the resistance level
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The Double Top pattern has been formed on GBPAUD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 2.0823
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, SILVER formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 33.52/33.43
The M5 and M15 time frames may have more false entry points.
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