signal strength 1 of 5
The Double Bottom pattern has been formed on USDJPY M5. Characteristics: the support level 148.74; the resistance level 148.96; the width of the pattern 22 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 21 points.
The M5 and M15 time frames may have more false entry points.
See Also
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- Flag
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- Rectangle
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- Triple top
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According to the chart of M5, GOLD formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 3010.63, the lower border is 2999.19. The signal means
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURUSD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 1.1039/1.1024
The M5 and M15 time frames may have more false entry points.
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On the chart of EURCAD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.5704; the lower boundary 1.5659; the width of the pattern 45 points
The M5 and M15 time frames may have more false entry points.
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