signal strength 2 of 5
The Double Bottom pattern has been formed on NZDCHF M15; the upper boundary is 0.4828; the lower boundary is 0.4816. The width of the pattern is 12 points. In case of a break of the upper boundary 0.4828, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.
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 Bearish Flag pattern has been formed on the chart AUDJPY M15 which signals that the downward trend will continue. If the price breaks below the low at 95.45, then
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the AUDJPY M15 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 95.45; the projection
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on AUDCAD M5. Characteristics: the support level 0.8900; the resistance level 0.8951; the width of the pattern 51 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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