signal strength 1 of 5

The Triple Bottom pattern has formed on the chart of NZDCHF M5. Features of the pattern: The lower line of the pattern has coordinates 0.4843 with the upper limit 0.4843/0.4839, the projection of the width is 8 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 0.4835, the price is most likely to continue the upward movement.
The M5 and M15 time frames may have more false entry points.
See Also
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- Flag
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- Pennant
- Rectangle
- Triangle
- Triple top
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The Double Bottom pattern has been formed on GBPJPY M5; the upper boundary is 200.24; the lower boundary is 199.52. The width of the pattern is 71 points. In case
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Triple Bottom pattern has formed on the chart of AUDJPY M5. Features of the pattern: The lower line of the pattern has coordinates 95.92 with the upper limit 95.92/95.90
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Bearish Flag pattern has been formed on the chart AUDJPY M5 which signals that the downward trend will continue. If the price breaks below the low at 95.83, then
The M5 and M15 time frames may have more false entry points.
Open chart in a new window