signal strength 1 of 5
The Triple Bottom pattern has been formed on NZDCAD M5. It has the following characteristics: resistance level 0.8175/0.8168; support level 0.8162/0.8157; the width is 13 points. In the event of a breakdown of the resistance level of 0.8175, the price is likely to continue an upward movement at least to 0.8175.
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 Bearish pennant pattern has formed on the SILVER M5 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, AUDJPY formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 91.68 - 0.00
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on NZDCAD M30. Characteristics: the support level 0.8245; the resistance level 0.8272; the width of the pattern 27 points. If the resistance level
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