signal strength 1 of 5
The Triple Bottom pattern has been formed on GBPAUD M5. It has the following characteristics: resistance level 2.0468/2.0460; support level 2.0448/2.0449; the width is 20 points. In the event of a breakdown of the resistance level of 2.0468, the price is likely to continue an upward movement at least to 2.0462.
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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On the chart of NZDJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 86.36; the lower boundary 86.25; the width of the pattern 11 points
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on AUDUSD M15. Characteristics: the upper boundary 0.6494; the lower boundary 0.6471; the width of the pattern is 23 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on NZDUSD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.5823
The M5 and M15 time frames may have more false entry points.
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