signal strength 1 of 5
The Double Bottom pattern has been formed on NZDJPY M5. 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 86.50 is broken. The further movements will rely on the width of the current pattern 21 points.
The M5 and M15 time frames may have more false entry points.
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According to the chart of H1, GBPJPY formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 189.39 and 185.42 are the coordinates
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The Double Bottom pattern has been formed on GBPAUD M5. Characteristics: the support level 2.0786; the resistance level 2.0843; the width of the pattern 57 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, GBPCHF formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border
The M5 and M15 time frames may have more false entry points.
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