signal strength 2 of 5

The Double Bottom pattern has been formed on NZDUSD M15. Characteristics: the support level 0.5955; the resistance level 0.5969; the width of the pattern 14 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 13 points.
The M5 and M15 time frames may have more false entry points.
See Also
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- Flag
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- Triangle
- Triple top
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The Double Top reversal pattern has been formed on USDJPY M30. Characteristics: the upper boundary 144.11; the lower boundary 143.85; the width of the pattern is 27 points. Sell trades
Open chart in a new windowThe Triple Bottom pattern has formed on the chart of NZDCAD M30. Features of the pattern: The lower line of the pattern has coordinates 0.8244 with the upper limit 0.8244/0.8238
Open chart in a new windowThe Double Bottom pattern has been formed on EURCAD M15. Characteristics: the support level 1.5594; the resistance level 1.5604; the width of the pattern 10 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
Open chart in a new window