signal strength 1 of 5
The Triple Bottom pattern has been formed on AUDJPY M5. It has the following characteristics: resistance level 94.07/94.02; support level 93.89/93.89; the width is 18 points. In the event of a breakdown of the resistance level of 94.07, the price is likely to continue an upward movement at least to 93.99.
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
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On the chart of GBPCHF M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.0933; the lower boundary 1.0915; the width of the pattern 18 points
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on NZDCAD M5; the upper boundary is 0.8217; the lower boundary is 0.8213. The width of the pattern is 4 points. In case
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on GBPCHF M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.0916
The M5 and M15 time frames may have more false entry points.
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