signal strength 1 of 5
The Triple Bottom pattern has been formed on GBPJPY M5. It has the following characteristics: resistance level 193.74/193.67; support level 193.54/193.55; the width is 20 points. In the event of a breakdown of the resistance level of 193.74, the price is likely to continue an upward movement at least to 193.70.
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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- GBPUSD
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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
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The Double Bottom pattern has been formed on #MCD M5; the upper boundary is 293.45; the lower boundary is 292.41. The width of the pattern is 102 points. In case
The M5 and M15 time frames may have more false entry points.
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The Triple Top pattern has formed on the chart of the USDJPY M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -1, support level -22
The M5 and M15 time frames may have more false entry points.
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