signal strength 2 of 5

The Triple Bottom pattern has formed on the chart of AUDJPY M15. Features of the pattern: The lower line of the pattern has coordinates 92.77 with the upper limit 92.77/92.75, the projection of the width is 30 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 92.47, the price is most likely to continue the upward movement.
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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According to the chart of M15, EURUSD formed the Head and Shoulders pattern. The Head’s top is set at 1.1494 while the median line of the Neck is found
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on #TSLA M5; the upper boundary is 306.08; the lower boundary is 301.48. The width of the pattern is 477 points. In case
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on #TSLA M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
The M5 and M15 time frames may have more false entry points.
Open chart in a new window