signal strength 4 of 5
The Double Bottom pattern has been formed on EURCAD H1. Characteristics: the support level 1.5713; the resistance level 1.5756; the width of the pattern 43 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 45 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 Top pattern has been formed on #Bitcoin M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 108359.72
The M5 and M15 time frames may have more false entry points.
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On the chart of EURCHF M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.9417; the lower boundary 0.9379; the width of the pattern 38 points
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on NZDCHF M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.4926
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