signal strength 1 of 5

The Triple Bottom pattern has formed on the chart of USDCAD M5. Features of the pattern: The lower line of the pattern has coordinates 1.3825 with the upper limit 1.3825/1.3823, the projection of the width is 6 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 1.3819, 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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- Triple top
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The Double Top reversal pattern has been formed on AUDCHF M15. Characteristics: the upper boundary 0.5303; the lower boundary 0.5280; the width of the pattern is 23 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 AUDUSD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.6473
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowOn the chart of SILVER M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 36.03; the lower boundary 35.87; the width of the pattern 170 points
The M5 and M15 time frames may have more false entry points.
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