signal strength 1 of 5
The Double Bottom pattern has been formed on USDJPY M5. Characteristics: the support level 144.36; the resistance level 144.51; the width of the pattern 15 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 14 points.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
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- Triangle
- Triple top
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The Triple Bottom pattern has been formed on GBPUSD M15. It has the following characteristics: resistance level 1.3160/1.3158; support level 1.3136/1.3138; the width is 24 points. In the event
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on NZDCHF M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.4471
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has been formed on GBPJPY M5. It has the following characteristics: resistance level 203.22/203.15; support level 203.00/203.00; the width is 22 points. In the event
The M5 and M15 time frames may have more false entry points.
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