signal strength 1 of 5
The Double Bottom pattern has been formed on USDJPY M5; the upper boundary is 149.95; the lower boundary is 149.85. The width of the pattern is 10 points. In case of a break of the upper boundary 149.95, 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.
The M5 and M15 time frames may have more false entry points.
Vea asimismo
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- AUDCAD
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The Double Bottom pattern has been formed on GBPAUD M5. Characteristics: the support level 2.0432; the resistance level 2.0441; the width of the pattern 9 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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According to H1, AUDCAD is shaping the technical pattern – the Inverse Head and Shoulder. In case the Neckline 0.9125/0.9123 is broken out, the instrument is likely to move toward
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The Double Top pattern has been formed on GBPUSD M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.3502
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