signal strength 2 of 5
The Double Bottom pattern has been formed on USDJPY M15; the upper boundary is 142.30; the lower boundary is 142.14. The width of the pattern is 17 points. In case of a break of the upper boundary 142.30, 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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- Triple top
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According to the chart of M15, NZDJPY formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 87.23, the lower border is 87.02. The signal means
The M5 and M15 time frames may have more false entry points.
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According to the chart of M30, NZDJPY formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border
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According to the chart of H1, AUDCHF formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.5355/0.5340
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