signal strength 2 of 5

The Triple Bottom pattern has formed on the chart of EURJPY M15. Features of the pattern: The lower line of the pattern has coordinates 162.36 with the upper limit 162.36/162.13, the projection of the width is 49 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 161.87, the price is most likely to continue the upward movement.
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 Double Top reversal pattern has been formed on EURCAD M5. Characteristics: the upper boundary 1.5608; the lower boundary 1.5580; the width of the pattern is 27 points. Sell trades
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, GBPUSD formed the Inverse Head and Shoulder pattern. The Head’s top is set at 1.3299 while the median line of the Neck is found
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on AUDCHF M5. Characteristics: the support level 0.5290; the resistance level 0.5301; the width of the pattern 11 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
Open chart in a new window