signal strength 1 of 5
The Triple Bottom pattern has been formed on #KO M5. It has the following characteristics: resistance level 72.01/72.00; support level 71.72/71.74; the width is 29 points. In the event of a breakdown of the resistance level of 72.01, the price is likely to continue an upward movement at least to 71.92.
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 Triple Bottom pattern has formed on the chart of GBPJPY M5. Features of the pattern: The lower line of the pattern has coordinates 193.79 with the upper limit 193.79/193.73
The M5 and M15 time frames may have more false entry points.
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According to the chart of M30, AUDCHF formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.5366 and support 0.5346
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The Double Top reversal pattern has been formed on USDCAD H1. Characteristics: the upper boundary 1.3943; the lower boundary 1.3896; the width of the pattern is 44 points. Sell trades
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