signal strength 3 of 5
The Double Bottom pattern has been formed on GBPJPY M30; the upper boundary is 193.24; the lower boundary is 192.29. The width of the pattern is 96 points. In case of a break of the upper boundary 193.24, 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.
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- Double Top
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- Pennant
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The Double Bottom pattern has been formed on GBPJPY M5. Characteristics: the support level 197.02; the resistance level 197.28; the width of the pattern 26 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on USDJPY M5. Characteristics: the support level 144.64; the resistance level 144.91; the width of the pattern 27 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has formed on the chart of GBPCHF M15. Features of the pattern: The lower line of the pattern has coordinates 1.0971 with the upper limit 1.0971/1.0968
The M5 and M15 time frames may have more false entry points.
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