signal strength 2 of 5
The Double Bottom pattern has been formed on EURJPY M15; the upper boundary is 161.42; the lower boundary is 161.26. The width of the pattern is 15 points. In case of a break of the upper boundary 161.42, 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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On the chart of SILVER M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 32.88; the lower boundary 32.73; the width of the pattern 150 points
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the NZDJPY M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 86.77 is broken through. Recommendations: Place
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, GOLD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 3256.66/3235.31
The M5 and M15 time frames may have more false entry points.
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