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
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- Pennant
- Rectangle
- Triangle
- Triple top
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The Double Top reversal pattern has been formed on USDCHF M5. Characteristics: the upper boundary 0.8307; the lower boundary 0.8296; the width of the pattern is 10 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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On the chart of AUDCHF M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.5305; the lower boundary 0.5280; the width of the pattern 25 points
The M5 and M15 time frames may have more false entry points.
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According to the chart of M30, NZDCAD formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 0.8273, the lower border is 0.8245. The signal means
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