signal strength 1 of 5
The Triple Bottom pattern has been formed on AUDCHF M5. It has the following characteristics: resistance level 0.5157/0.5146; support level 0.5118/0.5113; the width is 39 points. In the event of a breakdown of the resistance level of 0.5157, the price is likely to continue an upward movement at least to 0.5120.
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 Bullish pennant pattern is formed on the NZDJPY M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high
The M5 and M15 time frames may have more false entry points.
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The technical pattern called Head and Shoulders has appeared on the chart of EURGBP M5. There are weighty reasons to suggest that the price will surpass the Neckline 0.8549/0.8550 after
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, AUDUSD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 0.6468/0.6499 and upper border is 0.6523/0.6499. The pattern width is measured
The M5 and M15 time frames may have more false entry points.
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