signal strength 2 of 5
The Triple Bottom pattern has been formed on AUDCHF M15. It has the following characteristics: resistance level 0.5513/0.5493; support level 0.5486/0.5480; the width is 27 points. In the event of a breakdown of the resistance level of 0.5513, the price is likely to continue an upward movement at least to 0.5508.
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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- AUDCAD
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- AUDUSD
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The Double Bottom pattern has been formed on NZDUSD H1; the upper boundary is 0.5862; the lower boundary is 0.5842. The width of the pattern is 21 points. In case
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The Double Bottom pattern has been formed on NZDUSD M30. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
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The Double Bottom pattern has been formed on AUDCAD M30. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
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