signal strength 4 of 5
The Double Bottom pattern has been formed on EURCHF H1; the upper boundary is 0.9545; the lower boundary is 0.9527. The width of the pattern is 17 points. In case of a break of the upper boundary 0.9545, 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.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCAD
- AUDCHF
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- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
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- USDCAD
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- M5
- M15
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The Double Top reversal pattern has been formed on GBPCHF M15. Characteristics: the upper boundary 1.1426; the lower boundary 1.1418; the width of the pattern is 8 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on GBPCHF M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.1418
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on EURNZD M5; the upper boundary is 1.9072; the lower boundary is 1.9039. The width of the pattern is 34 points. In case
The M5 and M15 time frames may have more false entry points.
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