signal strength 1 of 5
The Double Bottom pattern has been formed on AUDUSD M5. Characteristics: the support level 0.6401; the resistance level 0.6409; the width of the pattern 8 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 7 points.
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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The Bullish Flag pattern has been formed on GBPUSD at M5. The lower boundary of the pattern is located at 1.3349/1.3339, while the higher boundary lies at 1.3361/1.3351. The projection
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant graphic pattern has formed on the GBPUSD M5 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks
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 GBPJPY H1. Characteristics: the upper boundary 207.31; the lower boundary 206.85; the width of the pattern is 48 points. Sell trades
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