signal strength 3 of 5
The Double Bottom pattern has been formed on USDCAD M30. Characteristics: the support level 1.4314; the resistance level 1.4342; the width of the pattern 28 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 29 points.
See Also
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- Double Top
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- Triple top
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The Triple Bottom pattern has been formed on EURNZD M5. It has the following characteristics: resistance level 1.9072/1.9049; support level 1.9038/1.9037; the width is 34 points. In the event
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 GBPCHF M15. Characteristics: the upper boundary 1.1426; the lower boundary 1.1418; the width of the pattern is 8 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 GBPCHF M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.1418
The M5 and M15 time frames may have more false entry points.
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