signal strength 2 of 5
The Triple Bottom pattern has formed on the chart of AUDCHF M15. Features of the pattern: The lower line of the pattern has coordinates 0.5310 with the upper limit 0.5310/0.5307, the projection of the width is 12 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 0.5298, 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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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
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- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
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- GBPJPY
- GBPUSD
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- NZDUSD
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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 94.56/94.47
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on EURNZD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.9289
The M5 and M15 time frames may have more false entry points.
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The Bullish Flag pattern has been formed on EURCHF at M5. The lower boundary of the pattern is located at 0.9372/0.9372, while the higher boundary lies at 0.9374/0.9374. The projection
The M5 and M15 time frames may have more false entry points.
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