signal strength 2 of 5
The Double Bottom pattern has been formed on USDCAD M15; the upper boundary is 1.4349; the lower boundary is 1.4325. The width of the pattern is 23 points. In case of a break of the upper boundary 1.4349, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.
The M5 and M15 time frames may have more false entry points.
See Also
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- Flag
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- Pennant
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- Triangle
- Triple top
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According to the chart of M15, EURJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 162.14/161.96
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 162.14/161.98
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has been formed on GBPAUD M5. It has the following characteristics: resistance level 2.0835/2.0826; support level 2.0821/2.0823; the width is 14 points. In the event
The M5 and M15 time frames may have more false entry points.
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