signal strength 3 of 5
The Double Bottom pattern has been formed on #PEP M30. Characteristics: the support level 130.15; the resistance level 131.34; the width of the pattern 119 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 108 points.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
- #AMZN
- #Bitcoin
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- #PEP
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- AUDCAD
- AUDCHF
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- AUDUSD
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- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
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- M5
- M15
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According to the chart of M15, NZDUSD formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.6019
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on GOLD H1. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 3315.04
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According to the chart of M15, AUDJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 94.69/94.39
The M5 and M15 time frames may have more false entry points.
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