signal strength 1 of 5
The Triple Bottom pattern has been formed on AUDCAD M5. It has the following characteristics: resistance level 0.8915/0.8912; support level 0.8906/0.8905; the width is 9 points. In the event of a breakdown of the resistance level of 0.8915, the price is likely to continue an upward movement at least to 0.8920.
The M5 and M15 time frames may have more false entry points.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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The Double Bottom pattern has been formed on GBPUSD M5; the upper boundary is 1.3556; the lower boundary is 1.3551. The width of the pattern is 5 points. In case
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on NZDCAD H1. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.8241
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On the chart of AUDCHF M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.5309; the lower boundary 0.5300; the width of the pattern 9 points
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