signal strength 4 of 5
The Double Bottom pattern has been formed on GBPAUD H1. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 2.0782 is broken. The further movements will rely on the width of the current pattern 67 points.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
- All
- #AAPL
- #AMZN
- #Bitcoin
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
- #MCD
- #MSFT
- #NTDOY
- #PEP
- #TSLA
- #TWTR
- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
- All
- M5
- M15
- M30
- H1
- D1
- All
- Buy
- Sale
- All
- 1
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- 3
- 4
- 5
The Double Bottom pattern has been formed on AUDCHF M30. Characteristics: the support level 0.5246; the resistance level 0.5261; the width of the pattern 15 points. If the resistance level
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The Double Bottom pattern has been formed on NZDCHF M30. Characteristics: the support level 0.4571; the resistance level 0.4581; the width of the pattern 10 points. If the resistance level
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The Triple Bottom pattern has formed on the chart of NZDCAD M15. Features of the pattern: The lower line of the pattern has coordinates 0.7974 with the upper limit 0.7974/0.7969
The M5 and M15 time frames may have more false entry points.
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