signal strength 3 of 5

The Triple Bottom pattern has formed on the chart of EURGBP M30. Features of the pattern: The lower line of the pattern has coordinates 0.8426 with the upper limit 0.8426/0.8410, the projection of the width is 22 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 0.8404, the price is most likely to continue the upward movement.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AMZN
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- AUDCAD
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The Bearish pennant pattern has formed on the #NTDOY H1 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction
Open chart in a new windowThe Double Top pattern has been formed on #TSLA M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 312.63
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Bearish pennant pattern has formed on the #NTDOY M30 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction
Open chart in a new window