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 Bottom pattern has been formed on AUDCAD M5; the upper boundary is 0.8835; the lower boundary is 0.8821. The width of the pattern is 14 points. In case
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on EURCHF M5; the upper boundary is 0.9283; the lower boundary is 0.9259. The width of the pattern is 24 points. In case
The M5 and M15 time frames may have more false entry points.
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On the chart of #KO H1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 72.67; the lower boundary 71.72; the width of the pattern 95 points
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