signal strength 2 of 5
The Triple Bottom pattern has formed on the chart of EURCHF M15. Features of the pattern: The lower line of the pattern has coordinates 0.9316 with the upper limit 0.9316/0.9313, the projection of the width is 16 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 0.9300, the price is most likely to continue the upward movement.
The M5 and M15 time frames may have more false entry points.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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According to the chart of M5, GBPCHF formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 1.1059 and 1.1030 are the coordinates
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on NZDJPY M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 87.57
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The Double Top pattern has been formed on NZDJPY M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 87.57
The M5 and M15 time frames may have more false entry points.
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