signal strength 4 of 5
The Double Bottom pattern has been formed on EURNZD H1. 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 1.8789 is broken. The further movements will rely on the width of the current pattern 53 points.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
- All
- #AAPL
- #AMZN
- #Bitcoin
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
- #MCD
- #MSFT
- #NTDOY
- #PEP
- #TSLA
- #TWTR
- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
- All
- M5
- M15
- M30
- H1
- D1
- All
- Buy
- Sale
- All
- 1
- 2
- 3
- 4
- 5
The Double Top reversal pattern has been formed on USDCHF H1. Characteristics: the upper boundary 0.8474; the lower boundary 0.8409; the width of the pattern is 66 points. Sell trades
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The Double Bottom pattern has been formed on GBPAUD M5; the upper boundary is 2.0677; the lower boundary is 2.0660. The width of the pattern is 16 points. In case
The M5 and M15 time frames may have more false entry points.
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On the chart of USDCHF M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.8475; the lower boundary 0.8409; the width of the pattern 66 points
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