signal strength 2 of 5
The Double Bottom pattern has been formed on GBPJPY M15. Characteristics: the support level 192.71; the resistance level 193.38; the width of the pattern 67 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 65 points.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
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According to the chart of M5, NZDJPY formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 87.26 is likely to encourage a continuation
The M5 and M15 time frames may have more false entry points.
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On the chart of the EURNZD M5 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURCHF formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.9339
The M5 and M15 time frames may have more false entry points.
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