signal strength 1 of 5

The Double Bottom pattern has been formed on AUDCHF M5. Characteristics: the support level 0.5164; the resistance level 0.5174; the width of the pattern 10 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 10 points.
The M5 and M15 time frames may have more false entry points.
See Also
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- Triple top
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According to the chart of M15, USDCHF formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 0.8169 and 0.8157 are the coordinates
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top reversal pattern has been formed on EURCAD M30. Characteristics: the upper boundary 1.5724; the lower boundary 1.5711; the width of the pattern is 12 points. Sell trades
Open chart in a new windowThe Double Bottom pattern has been formed on EURJPY M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
The M5 and M15 time frames may have more false entry points.
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