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
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- #AMZN
- #Bitcoin
- #EBAY
- #FB
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- 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 Bottom pattern has been formed on AUDCAD M30; the upper boundary is 0.8942; the lower boundary is 0.8920. The width of the pattern is 21 points. In case
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The Double Bottom pattern has been formed on AUDJPY M15; the upper boundary is 94.79; the lower boundary is 94.40. The width of the pattern is 39 points. In case
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has formed on the chart of the EURCAD M30 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case
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