signal strength 1 of 5
The Double Bottom pattern has been formed on GBPAUD M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 2.0839 is broken. The further movements will rely on the width of the current pattern 39 points.
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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- #AAPL
- #AMZN
- #Bitcoin
- #EBAY
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- #INTC
- #KO
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- #PEP
- #TSLA
- #TWTR
- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
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- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
- All
- M5
- M15
- M30
- H1
- D1
- All
- Buy
- Sale
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- 1
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The technical pattern called Head and Shoulders has appeared on the chart of GBPAUD M15. There are weighty reasons to suggest that the price will surpass the Neckline 2.0669/2.0680 after
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on #NTDOY M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 19.12
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on #NTDOY M15. Characteristics: the upper boundary 21.44; the lower boundary 19.12; the width of the pattern is 240 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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