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The Triple Bottom pattern has formed on the chart of GBPJPY M5. Features of the pattern: The lower line of the pattern has coordinates 195.57 with the upper limit 195.57/195.51, the projection of the width is 24 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 195.33, 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 #TSLA M15. Characteristics: the upper boundary 330.45; the lower boundary 324.60; the width of the pattern is 603 points. Sell trades
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top pattern has been formed on #TSLA M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 328.99
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Bullish pennant signal – Trading instrument #TSLA M15, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 330.45, with the prospect
The M5 and M15 time frames may have more false entry points.
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